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Posted on Jul 30, 2024

You buy a house for $ 2 5 0 , 0 0 0 . You pay $ 2 5 , 0 0 0 in cash

You buy a house for $

250, 000 .

You pay $

25, 000

in cash and take out a simple interest amortized

loan for the rest. You make monthly payments and ay

4.25 %

interest for

30

years. Find your

monthly payments.

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