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Suppose you want to buy a $ 1 4 9 , 0 0 0 home. You found a bank that offers a 3 0 -
Suppose you want to buy a $ home. You found a bank that offers a year loan at APR.
A What will be your monthly payment? Round to the nearest cent.
B How much would you end up paying the bank for the home after years? Round to the nearest cent.
C Suppose you wanted to reduce the time of your loan to years. What would be your new monthly payment? Round to the nearest cent.
How much would you end up paying the bank for the home after years? Round to the nearest cent.
How much did you save by reducing the time of your mortgage loan? Round to the nearest cent.
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