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You are considering buying your first home in Pahrump. Your dream home is available with a list price of $ 4 5 0 , 0

You are considering buying your first home in Pahrump. Your dream home is available
with a list price of $450,000. Assuming you agree to the list price as the purchase price and put 10% down, what is your monthly mortgage payment if:a. You take out a 30-year mortgage with a 4.25% interest rate, compounded monthly?b. You take out a 15-year mortgage with a 3.33% interest rate, compounded monthly?

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