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Priya has a $36,000 car loan at 18% for 36 months, on which she makes monthly payments of $1,301.49. After making her 15 th payment,

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Priya has a $36,000 car loan at 18% for 36 months, on which she makes monthly payments of $1,301.49. After making her 15 th payment, she wants to know the amount to pay the loan off. What is the payoff for Priya after her 15 th payment? Laila wants to secure a 20 -year mortgage and knows she can afford a monthly mortgage payment of $2,500. Her father-in-law will gift her the down payment at 20% of the selling price. The current mortgage rates are 3.3\% compounded monthly. (a) How much can Laila afford to finance on her home? (b) What is the selling price of the home that Laila should be looking at

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