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Jamal is building his first residence and has saved $15,000 that will be used as his down payment. The bank's requirement is 30%. The total cost of the house and land is $150,000 Mortgage Indemnity Insurance will cost 8%. How much more money does he need in order to qualify for the mortgage loan? What percent is he contributing? Select one: A. $30,000/15% B. $30,000/$2,400 C $37 500/8.57% D. $52,500/796 Clear my choice