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Hugh Akstontook out a 30-year mortgage with an EAR of 5.9%. If Hugh borrowed $300,000 to buy his home, then his monthly payment will be

Hugh Akstontook out a 30-year mortgage with an EAR of 5.9%. If Hugh borrowed $300,000 to buy his home, then his monthly payment will be closest to:

A) $835 B) $1753 C) $1780 D) $10,240

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