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You are buying your first condo for $410,000.00. You have $15,000 for the down payment. You have arranged to finance the remainder with a 30-year
You are buying your first condo for $410,000.00. You have $15,000 for the down payment. You have arranged to finance the remainder with a 30-year monthly payment amortized mortgage at 6.5& nominal interest rate. With your first payment due in one month, what will your monthly payments be?
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