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Option 5:1771.83 You want to buy a house and will need to borrow $270,000. The interest rate on your loan is 6.07 percent compounded monthly

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Option 5:1771.83

You want to buy a house and will need to borrow $270,000. The interest rate on your loan is 6.07 percent compounded monthly and the loan is for 25 years. What are your monthly mortgage payments? Multiple Choice $1,742.37 0 $1,751.19 $1,838.74 0 $1,692.81

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