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Solve following using BA II plus calculator. You are thinking of purchasing a new home...

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Accounting

Solve following using BA II plus calculator.

You are thinking of purchasing a new home for a price of $300,000. If a bank will finance 75% of the purchase price (i.e. you make a 25% down payment) and is offering 30-year fixed rate mortgage loans at 4.08% APR, what will your monthly payments be on the loan?

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