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11. [-13 Points] DETAILS SMITHNM13 11.6.060. MY NOTES PRACTICE ANOTHER Suppose you want to purchase...

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11. [-13 Points] DETAILS SMITHNM13 11.6.060. MY NOTES PRACTICE ANOTHER Suppose you want to purchase a home for $425,000 with a 30-year mortgage at 5.14% interest. Suppose also that you can put down 25%. What are the monthly payments? (Round your answer to the nearest cent.) What is the total amount paid for principal and interest? (Round your answer to the nearest cent.) $ What is the amount saved if this home is financed for 15 years instead of for 30 years? (Round your answer to the nearest cent.) $ Need Help? Read It Submit

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