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QUESTION 27 You want to buy your dream house. The house is valued at $225,000. You will provide the down payment of 20% and borrow

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QUESTION 27 You want to buy your dream house. The house is valued at $225,000. You will provide the down payment of 20% and borrow the rest, taking out a fully amortizing loan for the balance, at a 3.25% rate for 30 years. What will your monthly payment be and what will be the amount of interest paid over the first four years of the loan life? $527.36; $23,984.36 $836.94, $25,398.71 O $783.37; $22,457.41 O $658.18; $23,848.64

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