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You have purchased a home for $150,000 and are making a 10% down payment. What is your monthly payment if the interest rate is 4%
You have purchased a home for $150,000 and are making a 10% down payment. What is your monthly payment if the interest rate is 4% and the term is 30 years? What will your loan balance be at the end of year 10? Write your numerical answers in the space provided and label them "A" and "B" respectively.
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