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show the work on a calculator To finance the purchase of a new home, a homebuyer takes-out a loan that must be paid-off in full

show the work on a calculator
To finance the purchase of a new home, a homebuyer takes-out a loan that must be paid-off in full by the end of a 30-year term. The homebuyer must make monthly payments of $1,000 to the lender, who offers the loan at 12% APR, compounded monthly. How much money did the homebuyer originally borrow from the lender

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