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Business, 18.10.2019 23:00 1Slowbow

You are thinking of purchasing a home. the house costs $300,000. you have $43,000 in cash that you can use as a down payment on the house, but you need to borrow the rest of the purchase price. the bank is offerring a 30-year mortgage that requires annual payments and has an interest rate of 6% per year. what will be your annual payment if you for this mortgage?

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