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Please help and show all steps clearly 1. (20 points) Assume you are are planning to purchase your first home for $250,000. You have a

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1. (20 points) Assume you are are planning to purchase your first home for $250,000. You have a down payment of $50,000 and have found a loan with a 4.25% interest rate for a fixed rate, 30 year mortgage. 25% (a)(6 points) Draw a cash flow diagran for the first 5 months of this purchase 4. (b) (12 points) How much of the principal do you pay in the first 3 months of the loan? (c) (12 points) If you sell your home for $350,000 six years from the purchase date, what was your yearly rate of return on your investment

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