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Assuming the house above was not as modest as described above and that the same terms ($30,000 down, $1,000 per month payment and 12% compounded

Assuming the house above was not as modest as described above and that the same terms ($30,000 down, $1,000 per month payment and 12% compounded monthly) apply with a 30 year mortgage instead of a 5 year. What is that cash price of the house now with a 30 yr mortgage?

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