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1 . A millionaire home buyer has closed on a 4 2 - acre estate near Santa Barbara, California, for $ 5 8 , 0

1 .

A millionaire home buyer has closed on a

42 -

acre estate near Santa Barbara, California, for $

58, 000, 000 .

If the buyer puts

30 %

down finances at

6.75 %

for

30

year, what would the monthly payment be

?

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