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Mathematics, 05.05.2020 00:26 trentonthreats5073

The price of a condo is $87,000. The bank requires a 10% down payment and two
points at closing. The cost of the mortgage is financed with a 20-year fixed rate loan
at 8.5%. What is the total cost of interest over 20 years?

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The price of a condo is $87,000. The bank requires a 10% down payment and two
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