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Robert and Rebecca Richardson have just signed a 20-year, 4% fixed rate mortgage for $400,000 to buy their house. Find out this couple's monthly mortgage

Robert and Rebecca Richardson have just signed a 20-year, 4% fixed rate mortgage for $400,000 to buy their house.

Find out this couple's monthly mortgage payment.

Question 22 options:

A)

$2,889.14

B)

$2,452.78

C)

$8,992.14

D)

$2,998.14

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