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The price of a home is 270 000 The bank requires a 5 down payment The home is financed with a 20 year mortgage at

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The price of a home is 270 000 The bank requires a 5 down payment The home is financed with a 20 year mortgage at 7 Payment 1 P O 11 nxt Find a down payment b amount of mortgage c monthly payment d total cost of interest over 20 years Round answers to the nearest cent a down payment 13 500 b amount of mortgage 256 500 c monthly payment 1988 64 d total cost of interest over 20 years 477273 60 a down payment 13 500 b amount of mortgage 256 500 c monthly payment 624 04 d total cost of interest over 20 years 477273 60

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