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You want to buy a $202,000 home. You plan to pay 15% as a down...

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Basic Math

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You want to buy a $202,000 home. You plan to pay 15% as a down payment, and take out a 30 yearloan for the rest.a) How much is the loan amount going to be?$b) What will your monthly payments be if the interest rate is 6%?$c) What will your monthly payments be if the interest rate is 7%?$

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