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Question 20 1 pts You plan to purchase a $290,000 house using a 30-year mortgage obtained from your local credit union. The mortgage rate offered

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Question 20 1 pts You plan to purchase a $290,000 house using a 30-year mortgage obtained from your local credit union. The mortgage rate offered to you is 7.25 percent. The bank requires a down payment of 20 percent of the purchase price. What is your monthly mortgage payment? $1.978.31 $1,916.78 $1.582.65 None of these is correct $1.627.89

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