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This Question: 1 pt You would like to buy a house that costs $350,000 You have $50.000 in cash that you can put down on

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This Question: 1 pt You would like to buy a house that costs $350,000 You have $50.000 in cash that you can put down on the house, but you need to borrow the rest of the purchase price. The banks offering a 30 your mortgage that requires anual payments and has an interest rate of 9% per you. You can afford to pay only 250 per year The bank agrees to allow you to pay this amount each year, yet sul borrow $300.000 Ar the end of the mortgage in 30 years you must make a balloon pay that you pay the remaining balance on the mortgage How much this balloon payment be? The Pothen is Round to the nearest dolar) The balloon payments Round to the nearest bar O yetere to each % F CODSLR

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