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Andy Reid wants to buy a new home that costs $ 3 7 5 , 0 0 0 . He can borrow money from the

Andy Reid wants to buy a new home that costs $375,000. He can borrow money from the bank at an interest rate of 6.8% compounded monthly. The mortgage is for 30 years and requires monthly payments. What is Andy's monthly mortgage payment?
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$2,811.43
$2,44472
$1,041.67
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