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Two debts ---- the first of $800 due six months ago and the second of $1400 borrowed one year ago for a term of three years at 6.5% compounded annually ---- are to be replaced by a single payment...

Julie is purchasing a home for $169,000.00. Her loan has been approved for a 30 year fixed rate loan at 5% annual interest. She will pay 20% of the purchase price as a down payment. What is the total...

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