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Ashley just bought a house for the price of $350,000. She put down a 20% down payment and borrowed the rest. Exclude all other costs

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Ashley just bought a house for the price of $350,000. She put down a 20% down payment and borrowed the rest. Exclude all other costs for this transaction. If she wants to have the house completely paid off in 20 years, what would her monthly payment be if she can borrow the money at 4% per year compounded monthly? $11,201 $1,167 $2,121 $1,697 $1,381

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