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A house with a price of $255,000 is purchased with a 20% down payment and the rest amortized for 30 years at an annual interest

A house with a price of $255,000 is purchased with a 20% down payment and the rest amortized for 30 years at an annual interest rate of 2.9% compounded monthly. What is the monthly payment of the house? a $1061,39 b. $356.11 c. $566.67 d. $849.11

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