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You need a 15-year, fixed-rate loan to buy a home for $450,000.Your mortgage bank will lend you the money at 4.875% for this180-month loan. You

You need a 15-year, fixed-rate loan to buy a home for $450,000.Your mortgage bank will lend you the money at 4.875% for this180-month loan. You can only afford to pay $3,000 monthly, so youoffer to 2 answers

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