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Sean wants to buy a $180,000 house. He has $20,000 in cash to use as a down payment. The bank offers to lend Sean the

Sean wants to buy a $180,000 house. He has $20,000 in cash to use as a down payment. The bank offers to lend Sean the remainder at a 6% annual interest rate. The term of the loan is 30 years. Compute the monthly loan payment.

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