bhenretty4381 bhenretty4381

23-12-2022
Business

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a couple has just purchased a home for $323,400.00. they will pay 20% down in cash, and finance the remaining balance. the mortgage broker has gotten them a mortgage rate of 6.96% apr with monthly compounding. the mortgage has a term of 30 years.What is the size of the loan taken out by the couple?

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