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Trying to buy a new house (1) Buy in a lump sum of $200,000 plus $1,500 in 30-year installments (2) Buy in a lump sum

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Trying to buy a new house (1) Buy in a lump sum of $200,000 plus $1,500 in 30-year installments (2) Buy in a lump sum of $450,000 plus $1,000 in 20-year installments Write which one is advantageous. (The nominal interest per year is 4.8%, calculated as compounded monthly)

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