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Question 3 (1 point) Inez will borrow $300,000 from the bank as a mortgage on her new home. The correct monthly rate is 0.38% and
Question 3 (1 point)\ Inez will borrow
$300,000
from the bank as a mortgage on her new home. The correct monthly rate is
0.38%
and the term of the mortgage is 20 years. Her payments are monthly. What are her monthly payments?\
$1,862
\
$1,962
\
$2,062
\
$2,170
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