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Mathematics, 31.03.2020 12:20 dummynate

Albert is purchasing a $179,000 home with a 30-year mortgage at 5.5%.
Because he is not making a down payment, PMI in the amount of
$88.50/month is required for the first two years of the loan. Based on this
information, what is the total cost of this loan?

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Albert is purchasing a $179,000 home with a 30-year mortgage at 5.5%.
Because he is not making...

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