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Saved Say that you purchase a house for $278,000 by getting a mortgage for $245,000 and paying a $33.000 down payment If you get a

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Saved Say that you purchase a house for $278,000 by getting a mortgage for $245,000 and paying a $33.000 down payment If you get a 25 year mortgage with an Interest rate of 6 percent, what are the monthly payments? (Do not round intermediate calculations and round your final answer to 2 decimal places.) What would the loan balance be in ten years? (Round the payment amount to the nearest cent calculations. Round your final answer to 2 decimal places.) but do not round any other interim Loan bslance If the house appreclates at 2 percent per year, what will be the value of the house in ten years? (Do not round intermediate calculations and round your final answer to 2 decimal places) How much of this value is yout equity? (Do not round intermediate calculations and round your final answer to 2 decimal places.) C Pre 38 of 40Next > 8 e bac 7 9 F2

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