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You are thinking of purchasing a house. The house costs $250,000. You have S36,000 in cash that you can use as a down payment on

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You are thinking of purchasing a house. The house costs $250,000. You have S36,000 in cash that you can use as a down payment on the house, but you need will be your annual payment if you sign this mortgage? The annual payment is (Round to the nearest dollar)

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