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You are buying your first house for $220.000, and are paying $30,000 as a down payment. You have arranged to finance the remaining $190.000 30-year
You are buying your first house for $220.000, and are paying $30,000 as a down payment. You have arranged to finance the remaining $190.000 30-year mortgage with a 7% nominal interest rate and monthly payments What is the principal payback for the 3 period? O $168.45 O $123.11 O $157.56
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