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Tiffany has decided to purchase a house costing $200,000. She plans to pay $25,000 as a cash down payment and finance the rest at 5%
Tiffany has decided to purchase a house costing $200,000. She plans to pay $25,000 as a cash down payment and finance the rest at 5% compounded annually. She will pay off her $175,000 mortgage with annual payments at the end of each year for 30 years
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