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3. Fiona takes out a mortgage loan of $527,398.33. She will pay the loan back over 30 years by making equal end of month payments.

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3. Fiona takes out a mortgage loan of $527,398.33. She will pay the loan back over 30 years by making equal end of month payments. If the annual mortgage interest rate 4.8%, what is Fiona's monthly mortgage payment? a. $2,150.56 b. $2,397.79 c. $2,620.03 O d. $2,767.08 e. $2,974.70

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