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Given the following information Please identify the correct answer Purchase price $250,000 , Down payment 20%, APR 6%, Mortgage term 25 years. The borrowers decide

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Given the following information Please identify the correct answer Purchase price $250,000 , Down payment 20%, APR 6%, Mortgage term 25 years. The borrowers decide to pay an additional payment of $250 per month. What will be the TOTAL monthly payment including the additional payment per month. What will be the reduced TOTAL number of payments due to the additional payment per month. O Monthly Payment $1289, Number of payments 300 O Monthly Payment $1539, Number of payments 186 Monthly Payment $1539, Number of payments 211 O Monthly Payment $1,721, Number of payments 163

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