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QUESTION 3 You take out a home loan for $152407. The interest on this loan is fixed at 7.4% compounded monthly for 30 years. How

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QUESTION 3 You take out a home loan for $152407. The interest on this loan is fixed at 7.4% compounded monthly for 30 years. How much is your required monthly mortgage payment? Round your final answer to the nearest cent ( 2 decimal places)

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