BUSINESS ADMINISTRATION
BUSINESS MATHEMATICS
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Question
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Elaine and Ronald Sumter consider purchasing a new home for $179, 000. A 15% down payment is required. What is the amount of the mortgage loan needed to finance the purchase?
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$11, 933.33
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$26, 850.00
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$152, 150.00
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$205, 850.00
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Explanation:
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