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02-12-2019
Mathematics

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Melissa is purchasing a $160,000 home and her bank is offering her a 30-year mortgage at a 4.9% interest rate. In order to lower her monthly payment, Melissa will make a 20% down payment and will purchase 3 points. What will her monthly mortgage payment be?

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ggessendorf ggessendorf

03-12-2019

Answer:650.46

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