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Mr . & Mrs . Paddington are considering two offers to purchase their summer cottage . Offer A is for $ 2 0 0 0

Mr. & Mrs. Paddington are considering two offers to purchase their summer cottage. Offer A is for $200000 consisting of an immediate $40000 down payment with a $160000 balance payable one year later. Offer B is for $196500 made up of a $30000 down payment and the $166500 balance payable in six months.

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