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Question 2: The Michael family has asked for a 30-year mortgage in the amount of $325,000 to purchase a home. At a 5.25 percent loan

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Question 2: The Michael family has asked for a 30-year mortgage in the amount of $325,000 to purchase a home. At a 5.25 percent loan rate, what is the required monthly payment? Enter your answer in the x,xxx format and round to the nearest whole dollar. Enter $5,620 as 5,620

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