Micheal takes a fixed-rate 30-year loan with a monthly


Micheal takes a fixed-rate, 30-year loan with a monthly payment of $1,300.00. The down payment was $180,000. What is the total amount of the loan?

A $288,000

B $268,000

C $248,000

D $368,000

 

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Finance Basics: Micheal takes a fixed-rate 30-year loan with a monthly
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