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Mathematics, 03.09.2020 19:01 keidaniela

Greg Tobin is buying a house selling for $350,000. His bank requires him to make a 20% down
payment. The current mortgage rate is 6.5%.
a) Determine the amount of the required down payment.
b) Determine the monthly principal and interest paymen
for a 15-year mortgage with a 20% down payment.

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