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Posted on Aug 09, 2024

You purchase a home for $ 2 0 1 , 7 0 0 and obtain a 1 5 - year, fixed - rate mortgage at

You purchase a home for $

201, 700

and obtain a

15 -

year, fixed

-

rate mortgage at

8 %

after paying a down payment of

10 %

Find the monthly mortgage payment.

(

Round your answer to the nearest cent.

)

mortgage payment $

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