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??????? You plan to use a 15 year mortgage obtained from a local bank to purchase a house worth ( $ 124,000.00 ). The mortgage

??????? You plan to use a 15 year mortgage obtained from a local bank to purchase a house worth \( \$ 124,000.00 \). The mortgage rate offered to you is \( 7.75 \% \). You will make a down payment of \( 20 \% 2 answers

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