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Bill Byad Bought an Oceanfront Condominium for $79,900 with $6,900

Question 81

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Bill Byad bought an oceanfront condominium for $79,900 with $6,900 down. If the mortgage rate was 15% instead of 14 ½% for 30 years, what would be the difference in the monthly payment?

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$29.20 mor...

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