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Find the monthly house payment necessary to amortize the following loan In order to purchase a home, a family borrows $198,000 at 8.1% for 30

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Find the monthly house payment necessary to amortize the following loan In order to purchase a home, a family borrows $198,000 at 8.1% for 30 yr. what is their monthly payment? Round the answer to the nearest cent. $7312.96 $1466.68 $1336.50 $2200.83

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