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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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