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You found your dream home in Martin, TN. The home is priced at $189,000, and the bank is offering you a 4.55% interest rate if

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You found your dream home in Martin, TN. The home is priced at $189,000, and the bank is offering you a 4.55% interest rate if you finance the home for thirty years. You must make a 3.5% down payment on the home. What portion of your first payment will go towards your loan principal? Round your answer to the nearest whole number. $692 $929 $238 None of the above

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