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Mathematics, 27.12.2019 21:31 stryjker

Justin is purchasing a $195,000 home with a 30-year mortgage at 5.25%. because he is not making a down payment, pmi in the amount of $74.50/month is required for the first two years of the loan. based on this information, what is the total cost of this loan?
a. $400,369.20
b. $398,156.60
c. $332,042.96
d. $389,436.00

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