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Ranjit has applied for a mortgage loan to buy a $ 6 9 9 0 0 0 house. The bank will require a 2 0
Ranjit has applied for a mortgage loan to buy a $ house. The bank will require a down payment and it will give Ranjit a year loan payable in monthly instalments. The nominal interest rate is set at convertible quarterly. How much will be Ranjis monthly payment? Assume that payments are due at the end of each montha$ to the nearest dollarb$ to the nearest dollarc$ to the nearest dollard$ to the nearest dollare$ to the nearest dollar
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