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John Jones is buying a house for $100,000. John can get a loan for 95% of the purchase price at 8% with monthly payments for
John Jones is buying a house for $100,000. John can get a loan for 95% of the purchase price at 8% with monthly payments for a 25-year term. What would his payments be if he borrows under these terms?
i need to know how to do this.... i have a financial calculator!
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