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You purchase a $225,000 town home and you pay 25 percent down. You obtain a 15-year fixed-rate mortgage with an annual interest rate of 275

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You purchase a $225,000 town home and you pay 25 percent down. You obtain a 15-year fixed-rate mortgage with an annual interest rate of 275 percent. The 20th payment is made of up of principal and interest Multiple Choice $774 24: $370.93 $995 93. $149.24 $79.5353.00 575845538672

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