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Suppose You Purchase a Two- Bedroom Apartment in Adelaide for $350,000

Question 11

Multiple Choice

Suppose you purchase a two- bedroom apartment in Adelaide for $350,000 and you were able to provide $35,000 in deposit and successfully secured a 20- year home loan at 7% for the remaining balance. What are your monthly payments?


A) 2600
B) 2532.19
C) 2442.19
D) 1800.32

Correct Answer:

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