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06-06-2023
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1. A car cost $15,000. The interest rate is 5 percent. What is the payment if you finance it over 36 months vs 48 months? 2. A Townhome cost $525,000. You have a down payment of $10,000. The interest rate is 4.5 percent. You are financing it for 30 years. Property taxes are $200/mo and insurance is $150/mo. What is the total amount of your payment?

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