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Kit and Kendry want to buy a $ 4 3 0 , 0 0 0 house. Your bank can offer them a 3 0 -

Kit and Kendry want to buy a $430,000 house. Your bank can offer them a 30-year conventional mortgage at a 4.26% rate, with a 17% down payment. The bank also will charge them 1.15 points at closing.
Round all currency answers to the nearest cent.
a) Determine the amount of the required down payment.
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