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K Erin took out a 25-year mortgage with an annual interest rate of 6% to purchase a house for $300,000 with a down payment of

K Erin took out a 25-year mortgage with an annual interest rate of 6% to purchase a house for $300,000 with a down payment of $40,000. Find the amount of the monthly payment needed to amortize this loan. The amount of the monthly payment needed to amortize this loan is $ (Round to the nearest cent as needed.) 13 NOV 1 Time Remaining: 01:20:15 tv Next

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