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21 votes
21 votes
Jane is going to purchase a home that is $180,000, she makes the standard down payment (20%), then she is going to obtain a mortgage for the rest. How much will Jane have paid total for the house if she does a 30-year mortgage (360 months)? Interest rate for both is 4%(.04) How much will she have paid total for the house if she does a 15-year mortgage? Worth 5 points

User Rohit Sharma
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1 Answer

5 votes
5 votes

Answer:

36000

Explanation:

I think its that because the 20% of 180000 is 36000

User Espresso
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