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Question Completion Status: QUESTION 13 The Potters want to buy a house. Their banker offered them a $150,000 loan at an 8% APR for 30

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Question Completion Status: QUESTION 13 The Potters want to buy a house. Their banker offered them a $150,000 loan at an 8% APR for 30 years. The payments are equal and monthly and at the end of the last payment in the last month of the 30th year, there is no outstanding loan owed to the bank (such arrangements are also called 'fully amortizing'). At what point in time in the life of this mortgage, specifically in which month starting from today, will the Potters have paid half of the principal? (Unlike the other questions, the +/- 1% rule is not applicable to this question. Provide exact response) QUESTION 14 A Car dealer offers payments of $ 332.7 per month for 58 months on a $ 29,518 car after making a down payment. What is this down payment if the loan's APR is 4.26 %? QUESTION 15 Click Save and Submit to save and submit. Click Save All Answers to save all answers

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