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I need the hand written solution to this problem. The Martins are excited about buying their first home. They need to borrow $180,000 to make
I need the hand written solution to this problem.
The Martins are excited about buying their first home. They need to borrow $180,000 to make the purchase. Their local credit union is giving them a 30-year mortgage, with equal monthly payments, and a great rate of 5.325%. If they make their payments on time and they don't make any early payments, how much will they end up paying for their $180,000 home? Round your answer to the nearest thousand dollars.
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