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You want to buy a $183,000 home. You plan to pay 15% as a down payment, and take out a 30 year loan for

You want to buy a $183,000 home. You plan to pay 15% as a down payment, and take out a 30 year loan for the rest. a) How much is the loan amount going to be? 155,550 b) What will your monthly payments be if the interest rate is 6%? $3,359,880 c) What will your monthly payments be if the interest rate is 7%?

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