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Referring to the table above, what's the annual interest rate associated with this loan? (Remember to show your work!) a. 6.750% b. 0.563% c. 8.125%
Referring to the table above, what's the annual interest rate associated with this loan? (Remember to show your work!) a. 6.750% b. 0.563% c. 8.125% d. 4.25% e. 5.630% Referring to the table above, assuming every payment were made on time for the duration of the loan and no additional payments of any kind were applied at any time, what would be the total amount of money spent on the property by the time the loan is paid off? (Remember to show your work!) a. $675,000 b. $825,250 c. $619,988 d. $1,447,641 e. $1,238,915 Referring to the table above and to the previous question, list and discuss three things that could cause they buyer of this property to lose money over the course of its 360-month term
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