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You are thinking of purchasing a house. The house cost $250.000 You have $36.000 in cash that you can use as a down payment on

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You are thinking of purchasing a house. The house cost $250.000 You have $36.000 in cash that you can use as a down payment on the house, but you need to borrow the rest of the purchase price. The bank is offering a 30 year mortgage that requires anual payments and has an interest rate of 0% per year What will be your annual payment if you in this mortgage? The annual payment is Round to the nearesto

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