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If Brian wants to buy a house that cost $200000 the bank agreed to give him 80% of cost at 0.09 annual interest on a

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If Brian wants to buy a house that cost $200000 the bank agreed to give him 80% of cost at 0.09 annual interest on a 20-year loan, what is his monthly payment? An annual interest rate of 22% compounded quarterly. What is an effective annual rate? tot Select one: O a. 23.88% O b. 22.88% O c. 24.88% O d. 23%

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