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Homework: H03 E Score: 0 of 1 pt 4 of 11 (3 complete) HW Score: 21.74%, 5 of 23 P4-35 (similar to) You are thinking

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Homework: H03 E Score: 0 of 1 pt 4 of 11 (3 complete) HW Score: 21.74%, 5 of 23 P4-35 (similar to) You are thinking of purchasing a house. The house costs $200,000. You have $29,000 in cash that you can use as a down payment on the house, but you need to borrow the rest of the purchase price. The bank is offering a 30-year mortgage that requires annual payments and has an interest rate of 5% per year. What will be you annual payment if you sign this mortgage? JOf The annual payment is $ (Round to the nearest dollar) ent mpt hon Sub malty Ques Que Enter your answer in the answer box and then click Check Answer. Quesi Al parts showing Clow All Check

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