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Posted on Jul 29, 2024

Suppose you want to purchase a new house that costs $ 5 0 0 , 0 0 0 and you will borrow $ 4 0

Suppose you want to purchase a new house that costs $

500, 000

and you will borrow $

405, 064

from a bank with a

30 -

year mortgage at

3 %

annual interest, how much will be your monthly payment.

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