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A man buys a house with a 30-year 6.4% monthly payment mortgage for 150,000. After 12 years he refinances the house at a new rate

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A man buys a house with a 30-year 6.4% monthly payment mortgage for 150,000. After 12 years he refinances the house at a new rate of 5.8% and a new term of 10 years. What are his new monthly payments? A) 1322 B) 1330 C) 1337 D) 1342 E) 1349

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