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    Personal Finance Study Set 15
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    Exam 9: The Housing Decision: Factors and Finances
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    Private Mortgage Insurance Is Usually Required If the Down Payment
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Private Mortgage Insurance Is Usually Required If the Down Payment

Question 9

Question 9

Multiple Choice

Private Mortgage Insurance is usually required if the down payment is less than ________ percent of the purchase price of the home.


A) 5
B) 8
C) 12
D) 15
E) 20

Correct Answer:

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