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9 May, 19:22

You want to purchase a house in 7 years. The estimated cost is $180,000.00 and you want to make a 20% down payment. How much do you need to save per month in order to cover your down payment?

$428.57

$472.29

$449.13

$381.03

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  1. 9 May, 22:05
    0
    20% down payment

    0.20 (180,000) = 36,000 ... and u have 7 yrs (7 * 12) = 84 months

    36,000 / 84 = 428.57 <==
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