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Posted on Aug 05, 2024

You plan to buy a home. You can only afford to pay $2,458.16 per month for 30 years at an annual interest rate of 6%.

You plan to buy a home. You can only afford to pay $2,458.16 per month for 30 years at an annual interest rate of 6%. The home you want to buy is $420,000. How much, if any, must you pay today as a down payment to buy this home?

Group of answer choices

$30,000

$20,000

$10,000

$0.00

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