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C . Assume Ron and his wife Julie, two young professionals, just bought a house for $ 6 0 0 , 0 0 0 .

C. Assume Ron and his wife Julie, two young professionals, just bought a house for $600,000. They made a $100,000 down payment and borrowed the remainder at 4.25% fixed interest compounded monthly for 30 years. What will be Ron and Julie's monthly house payment on this amortizing loan?
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