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Posted on Jul 31, 2024

You need to borrow $ 1 0 0 , 0 0 0 for a down - payment on a house, and $ 9 0 0

You need to borrow $

100, 000

for a down

-

payment on a house, and $

900.00

per month is the most you can afford. How long a loan term must you get in your mortgage, if the interest rate is

9 % ?

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