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OpenStudy (anonymous):
Alice is closing on a house on August 13. The buyer owns the property on the day of the closing. The selling price of the home is $350,700. Alice was accepted for a 20-year fixed-rate mortgage for $324,900 at 5.25% interest. The seller has paid $4,478.51 in property taxes for the coming year. How much will Alice owe in prorated taxes and interest? $2,617.94 $887.87 $2,748.48 $1,730.07
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