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You wish to buy a $220,000 home. The mortgage company offers you a 10-year loan with a 4.8 percent APR. What are the monthly payments?
You wish to buy a $220,000 home. The mortgage company offers you a 10-year loan with a 4.8 percent APR. What are the monthly payments? Assume zero down payment. $2,311.99 $2,473.07 $2,341.82 O $2,405.55 You make $5,000 annual deposits for the next 5 years into an investment account that earns 5.31%. How large will your investment account be at the end of the 5 years? $ 27,500 $ 27,800 $ 27,100 O $27,175
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