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John Jones is buying a house for $100000 John can get a loan for 95 of the purchase price at 8 with monthly payments for a 25year term What would his payments be if he borrows under these terms

John Jones is buying a house for $100,000. John can get a loan for 95% of the purchase price at 8% with monthly payments for a 25-year term. What would his payments be if he borrows under these terms? a. $620.67 b. $771.81 c. $733.23 d. $718.56

 

Apr 02 2020 Read more Less More

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