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Mathematics, 13.05.2021 19:00 elizediax8683

The Bellos family is planning to buy a home. They have some money for a down payment already. They see a home they like and compute that they would need to borrow
$192,000 from a bank over a 15-year period. The APR is 3.9%.
What is the monthly payment, to the nearest cent?
What is the total of all of the monthly payments over the life of the loan?
What is their total interest over the life of the loan?

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Answers: 2

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