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ed: Oct 20 at 2:53pm iz Instructions Question 18 5 pts You decide to borrow $250,000 to build a new home. The bank charges an

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ed: Oct 20 at 2:53pm iz Instructions Question 18 5 pts You decide to borrow $250,000 to build a new home. The bank charges an interest rate of 8% compounded monthly. If you pay back the loan over 30 years, what will your monthly payments be (rounded to the nearest dollar)? $1.237 $1.687 $1.123 $1.834

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