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Kurt and Shana are considering buying a house for $250,000.00. Kurt and Shana will purchase the house with an initial 20% down payment. They can

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Kurt and Shana are considering buying a house for $250,000.00. Kurt and Shana will purchase the house with an initial 20% down payment. They can secure a mortage at an interest rate of 4% per year, compounded monthly for 15 years. Approximately how much will their payment be each month? $1,844.23 $660.00 $1,475.37 $1,341.62

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