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You want to buy a house that costs $600,000. You finance the purchase with $100,000 of your own money and $500,000 from the bank, using

You want to buy a house that costs $600,000. You finance the purchase with $100,000 of your own money and $500,000 from the bank, using a 15-year fixed-rate mortgage of 2.4% per annum compounding mont...

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