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Q. You pay out a $300,000 mortgage loan for 15 years at an annual interest rate of 4.8% and with monthly loan paymetns. The fixed

Q. You pay out a $300,000 mortgage loan for 15 years at an annual interest rate of 4.8% and with monthly loan paymetns. The fixed payment on this loan would be ____?

A) $2,341

B) $1,141

C) $1,282

D) $3,144

Please provide all the steps and equations

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