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You are looking to buy a house for $ 2 0 0 , 0 0 0 . Suppose a bank lends you a 3 0
You are looking to buy a house for $ Suppose a bank lends you a year, $ mortgage with an annual rate of with monthly payments. How much is the balance of the mortgage principal just after you make the first payment? Show the financial calculator buttons you press to arrive at your answer.
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