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Please help me with the question below. Question 25 3.34 pts At a family gathering, your uncle hears that you are taking a finance course

Please help me with the question below.

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Question 25 3.34 pts At a family gathering, your uncle hears that you are taking a finance course at UNTD. He wants to consult you regarding a new house he is considering to purchase. The house price is $340,000 and your uncle qualifies for 3.99% APR fixed 30-year mortgage if he puts 20% down and finances the rest. He asks what his monthly payments would approximate be for the principal and interest? Note that the loan amount is not the whole $340,000 because of the downpayment 1621 1297 944 1431

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