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Mathematics, 03.02.2020 09:02 tacie57

Al bank is worried about financing of his new home. the house sells for $490,000. if he puts down 20 percent, what will al's monthly payment be at the following rates? a. 25 years: 4% b. 25 years: 4.25% c. 25 years: 4.50% d. 25 years: 4.75% e. how much interest will he save per month if he takes the loan at 4% rather than at 4.75%?

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