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You have found your dream home, which is listed for $284,000. You put 20% of the price of the home as a down payment,
You have found your dream home, which is listed for $284,000. You put 20% of the price of the home as a down payment, and take out a loan for the remaining cost. The bank offers you a 30-year fixed loan with a 4.2% APR compounded monthly. Round all answers to the nearest cent as needed. Calculate the minimum monthly payment.
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the down payment will be 20 of 28400 which will be 56800 taki...
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
