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Justin wants to buy a house for $640,000 by borrowing this amount from a bank at a 6 percent interest rate. The loan will be

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Justin wants to buy a house for $640,000 by borrowing this amount from a bank at a 6 percent interest rate. The loan will be repaid in equal monthly payments over 30 years. Calculate the monthly payment on this home mortgage. A $3,310 B) $4,240 $3,837 D) $4,785 E $3,624

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