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A homebuyer wants to purchase a house. The down payment is $50,000. The 30-year mortgage...

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A homebuyer wants to purchase a house. The down payment is $50,000. The 30-year mortgage has a monthly interest rate of 1%, and the monthly payment is $3,500. Assume there are no other costs. What is the current market value of this house? Show the calculation steps and keep at least two decimal places. If you use a financial calculator, tell me your inputs and output (e. pv.fv.n, 1/4. pmt). Short Answer Too ba navigation BT USE !!! N 2

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