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What is the minimum amount of down payment each sister need

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Question - Three sisters, Mary, Martha & Megan are in the process of purchasing three homes that each of them will own and live in separately. Mary would like to purchase a house worth $1.5 million. Martha would like to purchase a condominium worth $480,000. Megan would like to purchase a house worth $850,000. What is the minimum amount of down payment each sister will need to purchase their respective properties?

Reference no: EM133145325

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