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Suppose that you are buying a house for $205,000. The loan is at a fixed APR of 3.5% for 30 years. Option 1: Making a down payment 1. If a 10% down...

Suppose that you are buying a house for $205,000. The loan is at a fixed APR of 3.5% for 30 years. 

Option 1: Making a down payment 

  • 1. If a 10% down payment is required, calculate this amount: what is the amount
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