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Mathematics
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PLEASE HELP MEDAL WILL BE REWARDED Duncan is purchasing a home for $178,000. He makes a 15% down payment and obtains a 15-year fixed rate mortgage loan at 4% annual interest. His monthly payments are $1,119.15. He pays an intangible tax of 0.2%. Which of the following is the total cost of principal, interest, down payment, and amount of intangible tax? $228,449.60 $201,447.00 $228,503.00 $201,749.60
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