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    The Purchase Price of the House You Are Buying Is
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The Purchase Price of the House You Are Buying Is

Question 31

Question 31

Multiple Choice

The purchase price of the house you are buying is $140,000. A loan-to-value ratio of 80% will require a down payment of:


A) $34,000.
B) $28,000.
C) $108,000.
D) $112,000.
E) $20,000.

Correct Answer:

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