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Janet Jones is buying a house for $100,000. Janet can get a loan on 95 percent of the purchase price at 8 1/8 percent with

Janet Jones is buying a house for $100,000. Janet can get a loan on 95 percent of the purchase price at 8 1/8 percent with monthly payments for a 25 year term. What will her monthly payments be if she borrows under these terms?

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