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If you borrow $250,000 to buy a house and the interest rate is 5 percent per year, what is the amount of the MONTHLY payment

If you borrow $250,000 to buy a house and the interest rate is 5 percent per year, what is the amount of the MONTHLY payment if it takes you 30 years to pay off the loan?

$1,045

$1,088

$1,342

$1,509

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