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Kathy Fields wants to buy a condominium selling for $95,000. The bank is requiring 20% down and is charging 9.5% interest for 25-year loan. Determine

Kathy Fields wants to buy a condominium selling for $95,000. The bank is requiring 20% down and is charging 9.5% interest for 25-year loan. Determine the amount of the required down payment and the amount of the monthly payment for principal and interest.

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