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Number 1) Suppose that the buyer of the house featured in this video makes a $1 million down payment on the house and borrows the

Number 1) Suppose that the buyer of the house featured in this video makes a $1 million down payment on the house and borrows the remaining $2.2 million of the purchase price from a bank. Which type of contract gives the bank an interest in the house as collateral for the repayment of the loan

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