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Susan Carver will purchase a home for $ 2 8 0 , 0 0 0 . She will use a down payment of 2 5
Susan Carver will purchase a home for $ She will use a down payment of and finance the remaining portion at compounded monthly for years. Complete
parts a through c below.
a What will be the monthly payment?
Susan will pay $ each month.
Round to the nearest cent as needed.
b How much will remain on the loan after making payments for years?
The amount remaining on the loan will be $
Round to the nearest cent as needed.
c How much interest will be paid on the total amount of the loan over the course of years?
The amount of interest that will be paid is $
Round to the nearest cent as needed.
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