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Mathematics, 20.04.2020 01:19 kevenluna10oytivm

Tom Alloy found a house in Fargo, ND to purchase as an investment. He purchased it for $269,900 and took out a 20 year mortgage loan. If his monthly payments are $2175.40, at what rate did he get their mortgage loan for?

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Tim and Faith McGros just found the perfect place for their family. The ranch is selling for $650,025. They saved up enough to make a 15% down payment and finance the rest at 4.2% for 30 years with a mortgage loan. What is the Selling Price of the House? How much will their monthly payments be?

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Tom Alloy found a house in Fargo, ND to purchase as an investment. He purchased it for $269,900 and...
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