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Lucia and Randy have signed a contract to purchase a home. The closing date is March 27, and the buyer owns the property on the day of closing. The selling p rice of the home is $852,500. Lucia and Randy obtained a fixed-rate mortgage from a bank for $665,000 at 7.55% interest. The seller has already paid $15,378.15 in property taxes for the coming year. How much will Lucia and Randy owe in prorated expenses

Economics - Financial Markets
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