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You need a loan of $100,000 to buy a condo. Calculate your monthly payments and total closing costs for each choice. Choice 1: 30-year fixed

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You need a loan of $100,000 to buy a condo. Calculate your monthly payments and total closing costs for each choice. Choice 1: 30-year fixed rate at 4.25% with closing costs of $1,119 and 1 points Choice 2: 20-year fixed rate at 3.75% with closing costs of $1,119 and 3 points Choice 1: $497.36 $2,119 O A. Choice 2:5602.49, 54.119 Choice 1: $491.94 $2,119 . Choice 2: $592.89, $4,119 Choice 1: 5481.74 $2.119 OC Choice 2: $542.26 $1.119 Choice 1 $501 43, 52,919 D. Choice 2. $463 16. 54 919

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