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The purchase price of a condominium is $123,500. A down payment of 26% is made. The bank charges $715 in fees plus 2 1/2 points.

The purchase price of a condominium is $123,500. A down payment of 26% is made. The bank charges $715 in fees plus 2 1/2 points. Find the total of the down payment and the closing costs. (Round your answer to the nearest cent.)

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