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Mathematics, 08.03.2021 23:10 Dreynolds1667

Duane is purchasing a home for $351,000. He makes a 30% down payment and obtains a 20-year fixed rate mortgage loan at 5% annual interest. His monthly payments are $1,621.51. He pays an intangible tax of 0.2%. What is the total cost of principal, interest, down payment, and amount of intangible tax?

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