A home buyer buys a house for $2,155,000. She pays 20% cash, and takes a fixed- rate mortgage for ten years at 7.70% APR

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A home buyer buys a house for $2,155,000. She pays 20% cash, and takes a fixed- rate mortgage for ten years at 7.70% APR

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A Home Buyer Buys A House For 2 155 000 She Pays 20 Cash And Takes A Fixed Rate Mortgage For Ten Years At 7 70 Apr 1
A Home Buyer Buys A House For 2 155 000 She Pays 20 Cash And Takes A Fixed Rate Mortgage For Ten Years At 7 70 Apr 1 (45.99 KiB) Viewed 11 times
A home buyer buys a house for $2,155,000. She pays 20% cash, and takes a fixed- rate mortgage for ten years at 7.70% APR for the remaining. If she makes biweekly payments for the mortgage, what is the amount of each of her payment? $9,106 $11,897 $10,883 $8,706 $9,517
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