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Find the down payment

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Reference no: EM132700877

A house sells for $322,500 and a 35% down payment is made. A 30-year mortgage at 6.5% was obtained.

(i) Find the down payment.

(ii) Find the amount of the mortgage.

(iii) Find the monthly payment.

(iv) Find the total interest paid.

Reference no: EM132700877

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