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Carlton Hinkler offered $179,900 for a home that had been priced at $210,500. The seller agreed to the offer. If he made a $36,000
down payment, what is the mortgage loan amount?

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sqdancefan

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Answer:

  $143,900

Step-by-step explanation:

The loan will be the difference between the agreed price ($179,900) and the down payment ($36,000).

  loan amount = $179,900 -36,000 = $143,900

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