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2-1 You are buying a house for $983,000, and are paying $83,000 down in cash. Today, you are financing the balance with monthly loan payments

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You are buying a house for $983,000, and are paying $83,000 down in cash. Today, you are financing the balance with monthly loan payments at an annual percentage rate of 6.5%. What is the amount of each loan payment assuming your loan is for 25 years? A $6,800.42 ( $6,771.23 $6,637.29 D $6,076.86

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