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Mortgage payments. An investor is looking at a $ 3 2 5 , 0 0 0 home. If 1 5 % must be put down

Mortgage payments.

An investor is looking at a $

325, 000

home. If

15 %

must be put down and the balance is financed at

12 %

over the next

20

years, what is the monthly mortgage payment?

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