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How much is your monthly payment on a home mortgage with the following terms? Borrow $250,000 for 30 years at 5% annual interest. Question 17
How much is your monthly payment on a home mortgage with the following terms? Borrow $250,000 for 30 years at 5% annual interest.
Question 17 options:
A. | $1,342.05 |
B. | $920.66 |
C. | $12,500 |
D. | $1,041.67 |
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