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Mathematics, 13.12.2019 19:31 yqui8767

Victor earns a gross annual income of $84,482 and is buying a home for $185,500. he is making a 15% down payment and financing the rest with a 25-year loan at 4.25% interest.

a) what is the mortgage amount he will borrow? (show your work)

b) what will his monthly mortgage payment be? round your answer to the nearest cent. (show your work)


Victor earns a gross annual income of $84,482 and is buying a home for $185,500. he is making a 15%

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Victor earns a gross annual income of $84,482 and is buying a home for $185,500. he is making a 15%...
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