faithmarez faithmarez

16-01-2024
Mathematics

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dudley took out an 80/20 mortgage to buy a $145,000 house. the first (80%) mortgage has an interest rate of 4.75%, and the second (20%) mortgage has an interest rate of 7.525%. both mortgages are 30-year fixed-rate mortgages. what is the total mortgage payment for this house?

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