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QUESTION 1 * 1 POINT Investor A decided to purchase a home with a loan amount of $ 4 2 0 , 0 0 0

QUESTION

1 * 1

POINT

Investor A decided to purchase a home with a loan amount of $

420, 000, 3.30 %

annually fixed rate for a

30

years term, and

one payment per month. What is the monthly payment for this mortgage? Round to the nearest cent.

Provide your answer below:

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