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Trish is going to buy a home valued at $500,000 by having a loan that is 15 years and it's 12% per annum compounded monthly.
Trish is going to buy a home valued at $500,000 by having a loan that is 15 years and it's 12% per annum compounded monthly. If Trish can merely pay a monthly repayment of $2,500, how much is the deposit required?
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