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Henry wants to buy an apartment for $700,000. The local S&L will loan him the money for 10 years, at 4.5% interest with monthly payments
Henry wants to buy an apartment for $700,000. The local S&L will loan him the money for 10 years, at 4.5% interest with monthly payments and 8% down. About what would be Henry's monthly payment?
| $6,674.31 | ||
| $6,782.33 | ||
| $7,254.68 | ||
| $7,372.10 |
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