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You Just Bought a Home for $250,000 and Are to Make

question 69

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You just bought a home for $250,000 and are to make monthly payments of $1,834.41 for 30 years at 8% APR.Suppose you add $298.44 each month to the $1,834.41 house payment making your monthly payment $2,132.85.This extra amount is applied to the principal.How long will it take you to pay off your loan of $250,000? Use a calculator to determine your answer.


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Latino And American Indian Youth

Refers to the demographic groups of individuals in the United States who identify as Latino or Hispanic and Native American or American Indian, focusing on the younger population.

Ethnicity

A category of people who identify with each other based on common ancestral, social, cultural, or national experiences.

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Characteristics that define a group's shared behaviors, beliefs, practices, and artifacts.

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A specific set of individuals identified by certain common characteristics or interests.

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