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The Roths bought a house for $ 4 3 7 , 8 0 0 . They paid the sellers a 2 0 % down payment

The Roths bought a house for $437,800. They paid the sellers a 20% down payment and obtained a simple interest amortized
loan for the balance from their bank for the remainder, at 478% for thirty years. The bank in turn paid the sellers the loan
amount, less a 6% sales commission paid to the sellers' and buyers' real estate agents. The bank charged them 2 points plus
fees totaling $8,535.50; of these fees, $6,307.47 were included in the finance charge.
(a) Find the loan amount.
$|
(b) Find the "legal loan amount" -the amount borrowed, according to the Truth in Lending Act. (Round your answer to
the nearest cent.)
$
(c) Find the Roth's monthly payment. (Round your answer to the nearest cent.)
$
(d) Find the APR (round to the nearest hundredth of 1%).
%
(e) Find the total interest paid. (Round your answer to the nearest cent.)
$
(f) Find the total finance charge. (Round your answer to the nearest cent.)
$
(g) Find the amount that the sellers are paid for their house.
$
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