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. Q2) You need a 20-year, fixed-rate mortgage to buy a new home for $190,000. Your mortgage bank will lend you at 8.55% APR (semiannual)

. Q2) You need a 20-year, fixed-rate mortgage to buy a new home for $190,000. Your mortgage bank will lend you at 8.55% APR (semiannual) for this 240-month loan. However, you can afford monthly paym...

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