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In order to purchase a home a family borrows $267,000 at 10.8% for 15 yr. What is the monthly house payment necessary to amortize the

In order to purchase a home a family borrows $267,000 at 10.8% for 15 yr. What is the monthly house payment necessary to amortize the loan?

A $19,108.39

B $3001.27

C $3394.52

D $2403

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