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Mathematics, 27.02.2020 21:50 love12236

7. Josh Paltrow and his wife Susan are buying their first home for $125,000. They've been granted a mortga
loan at an annual interest rate of 8.5 percent for 20 years with a $25,000 down payment. Closing costs are
percent of the amount of the mortgage loan and will be financed as part of the mortgage. What is the actu
amount financed with the mortgage?

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