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2. You are considering buying a new house, and have found a 20-year-fixed mortgage is available with an annual interest rate of 6%. You are

2. You are considering buying a new house, and have found a 20-year-fixed mortgage is available with an annual interest rate of 6%. You are required to pay monthly. Then what is the corresponding monthly rate? Round off to 4 decimal points! a. 0.0049 b. 0.0830 c. 0.0050 d. 0.0090

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