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Assume that the correct interest rate to use in time-value-of-money formulas is 0.35%. What is your monthly mortgage payment if the mortgage is for $300,000
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Assume that the correct interest rate to use in time-value-of-money formulas is 0.35%. What is your monthly mortgage payment if the mortgage is for $300,000 and is amortized over 25 years? (show two decimal places, e.g., $123.12
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