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please round and if you could make sure the answer is clear thanks UCLLIUITTI MUITTeWork: Problem 9 Previous Problem Problem List Next Problem (8 points)
please round and if you could make sure the answer is clear thanks
UCLLIUITTI MUITTeWork: Problem 9 Previous Problem Problem List Next Problem (8 points) Juan is purchasing a $100000 house. The down payment is 15% of the price of the house. He is given the choice of two mortgages: (Express all answers rounded correctly to the nearest cent!) a) a 25-year mortgage at a rate of 6.95%. Find the monthly payment: $ (ii) the total amount of interest paid: $ b) a 15-year mortgage at a rate of 6.95%. Find (The monthly payment: $ (ii) the total amount of interest pald: $ LILL Step by Step Solution
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