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Help with solving financial problems

Algebra
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Find the monthly payment for the loan. (round answer to the nearest cent.)

A $120,000 home bought with a 20% down payment and the balance finance for 30 years at 7.5%

Nov 13th, 2014

Total Amount= 120000 $

Initial deposit 20%:     $24,000

360 monthly payments of:    $671.25

Loan payments: $241,648.53

Total payable: $265,648.53

Total interest:  $145,648.53

Nov 13th, 2014

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Nov 13th, 2014
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Nov 13th, 2014
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