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OpenStudy (anonymous):
katelyn is financing $368375 to purchase a house. She obtained a 20/6 balloon mortgage at 4.65%. what will her balloon payment be? Has anyone taken this test in Financial algebra?
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OpenStudy (anonymous):
Anyone in connections academy? please?
OpenStudy (tkhunny):
Have you considered calculating the monthly payment for a 20 year mortgage at 4.65%? That would be a good place to start.
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