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Suppose that you wish to buy a new home that will cost you $ 4 0 0 , 0 0 0 . You must put

Suppose that you wish to buy a new home that will cost you $400,000. You must put $80,000 down, and will finance the rest at 4.8% APR, making monthly payments for 30 years at the end of each month. However, the loan is structured with a balloon payment of $100,000 in the last month. How mill your remaining monthly payments be?
1600
1600-1700
1700-1800
1800-1900
1900-2000
>2000
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