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You are thinking of purchasing a house. The house costs $300,000. You have $43,000 in cash that you can use as a down payenent on

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You are thinking of purchasing a house. The house costs $300,000. You have $43,000 in cash that you can use as a down payenent on the heuse, but you need to borrow the mast of the purchuse price The bank is offering a 30 -year mortgage that requires amual payments and has an interest rate of 9% por your. What wil be vour annual payment it you sign this mortager? The annual payment is \& (Round to the nearest dollar)

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