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Manuka took out a 30-year mortgage with an APR of 5.9%, compounding semi- anually. If the effective annual rate does not change, and Manuka borrowed

Manuka took out a 30-year mortgage with an APR of 5.9%, compounding semi- anually. If the effective annual rate does not change, and Manuka borrowed $300,000 to buy his home, then his monthly payment will be closest to

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