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A couple is buying their dream house for $ 4 9 5 , 5 7 5 . 0 0 . They will put 2 0

A couple is buying their dream house for $495,575.00. They will put 20.00% down and finance the rest with a 30.00-year mortgage with monthly payments. The bank has offered them a loan with 6.00% APR and monthly compounding. What will be their monthly payment on this mortgage?

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