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Title: A home sells for $150,000. The buyer makes a one-third down payment and gets a mortgage with a rate ...
Post by: xiaoyu000 on Jan 22, 2024

A home sells for $150,000. The buyer makes a one-third down payment and gets a mortgage with a rate of 11% for 25 years. Calculate:

  1. amount of mortgage and
  2. the monthly payment.

    Note: Round your answer to the nearest cent.



Title: Re: A home sells for $150,000. The buyer makes a one-third down payment and gets a mortgage with a rate ...
Post by: IcerX2050 on Jan 22, 2024
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