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You want to buy a $256,000 home. You plan to pay 15% as a down payment, and take out a loan with a rate of

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You want to buy a $256,000 home. You plan to pay 15% as a down payment, and take out a loan with a rate of 6% for the rest. a) How much is the loan amount going to be? b) What will your monthly payments be if you have a 30 -year loan? c) What will your monthly payments be if you have a 15-year loan? d) What is the total amount paid to the bank over the 30 -years? e) Whatis the total amount paid to the bank over the 15-years? f) Find the total interest paid for the 30-year loan

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