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They saw a home that they want to purchase that costs $375,000. They plan to take out a 30-year mortgage at an interest rate of

They saw a home that they want to purchase that costs $375,000. They plan to take out a 30-year mortgage at an interest rate of 4.5% and want to have a mortgage payment of $1,650 per month. How much of a down payment must they make? Please show work on excel.

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