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Suppose a property you are seeking to purchase is valued at $ 2 0 0 , 0 0 0 . You can take out a
Suppose a property you are seeking to purchase is valued at $ You can take out a loan of percent from the bank, which amortizes in years. The current market interest rate is percent.
Suppose you sell the property after years. How much debt would you still owe to the bank?
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