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April 27, 2015

Homework Help: algebra

Posted by Torra on Wednesday, November 23, 2011 at 6:05pm.

Suppose that you want to purchase a home for $450,000 with a 30 year mortgage at 6% interest. Suppose that you can put 30% down. Assume that the monthly cost to finance $1,000 is $6.00. What are the monthly payments?
Steps or examples please

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