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7.5 points Bob and his wife are buying a $300,000 house. They put 20% down and finance the $240,000 balance with a 30 -year mortgage

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7.5 points Bob and his wife are buying a $300,000 house. They put 20% down and finance the $240,000 balance with a 30 -year mortgage at 4.5006 APR with monthly compoundingCompute the mortgage portion of their monthly payment. Round your answer to the nearest perny. For example, $2,371.243 should be entered os 2371.24 Typeyour answer- 2 points Identify the correct formula used in the previous problem. 8240,000=PMT00151(0.045)(1.015)301)$240,000=PMT1111(1)(1+1+4)1

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