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7. You received a $350,000 mortgage loan. The mortgage will be in a 25 year term with a 5.50% annual rate. If you chose to

7. You received a $350,000 mortgage loan. The mortgage will be in a 25 year term with a 5.50% annual rate. If you chose to make a monthly payment schedule, how much will each payment be? a. $2,456.35. b. $2,149.30. c. $2,932.88. d. $2,667.36

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