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8. Alfonso and his fianc, Regina, are shopping around for a mortgage on the $360,000 house of their dreams. One bank offers them a 30-year

8. Alfonso and his fianc, Regina, are shopping around for a mortgage on the $360,000 house of their dreams. One bank offers them a 30-year mortgage with a 6% APR and 20% down payment. Calculate the monthly payment on this mortgage

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