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Ron is ready to purchase a house that costs $300,000. He wants the minimum LTV to avoid PMI. He qualifies for a 15-year fixed-rate loan

Ron is ready to purchase a house that costs $300,000. He wants the minimum LTV to avoid PMI. He qualifies for a 15-year fixed-rate loan at 4.5%, what is the total finance charges?

A) $80,890

B) $90,500

C) $90,150

D) $90,900

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