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You bought a house worth $ 3 2 0 , 0 0 0 . You paid 2 5 % of the purchase price in cash

You bought a house worth $320,000. You paid25% of the purchase price in cash and arranged a
twenty dash five mortgage with a rate of 4.0% compounded semi-annually for the remaining balance. The mortgage has an amortization period of 25 years. How much will your monthly payments be(starting at the end of the first month)?You bought a house worth $320,000. You paid25% of the purchase price in cash and arranged a
twenty dash five mortgage with a rate of 4.0% compounded semi-annually for the remaining balance. The mortgage has an amortization period of 25 years. How much will your monthly payments be(starting at the end of the first month)?

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