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YOU WANT TO BUY A HOUSE FOR 200,000 DOLLAR. THE BANK REQUIRE YOU MAKE 20% DOWN PAYMENT. IF THE INTEREST IS 12% YEARLY AND YOU

YOU WANT TO BUY A HOUSE FOR 200,000 DOLLAR. THE BANK REQUIRE YOU MAKE 20% DOWN PAYMENT. IF THE INTEREST IS 12% YEARLY AND YOU WANT TO REPAY YOUR LOAN WITHIN 16 YEARS YOUR MONTHLY PAYMENT AND TOTAL INTEREST ARE: PAYMENT INTEREST A. 28,678 258,848 B. 22,942 207,078 C.1,878 200,568 D. 2,347 250,710 E. NO ENOUGH INFORMATION

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