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Question 21 (1 point) You want to buy a new house. The bank is willing to make you a 30-year loan at 8% compounded monthly

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Question 21 (1 point) You want to buy a new house. The bank is willing to make you a 30-year loan at 8% compounded monthly for 90% of the value of the house. How much is your down- payment if the mortgage payments are $2500 per month? $37,856.53 $41,285.22 O $254,435.43 $340,708.74 $367,259.27

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