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A home buyer buys a house for $1,016,000. She pays 20% cash, and takes a fixed-rate mortgage for ten years at 7.5% APR. If she
A home buyer buys a house for $1,016,000. She pays 20% cash, and takes a fixed-rate mortgage for ten years at 7.5% APR. If she makes semi-monthly payments, which of the following is closest to each of her payment?
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