Question: Use PMT= to determine the regular payment amount, rounded to the nearest dollar. The price of a home is $124,000. The bank requires a 20%

Use PMT= to determine the regular payment amount, rounded to the nearest dollar. The price of a home is $124,000. The bank requires a 20% down payment and three points at the time of closing The cost of the home is financed with a 30-year fixed-rate mortgage at 9.5%. Complete parts (a) through (e) below. a. Find the required down payment

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