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The purchase price of a condominium is $124,000. A down payment of 25% is made. The bank charges $730 in fees plus 2 1/2 points.

The purchase price of a condominium is $124,000. A down payment of 25% is made. The bank charges $730 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.)

points. Find the total of the down payment and the closing costs. (Round your answer to the nearest cent.)

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