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Suppose you are buying a house for $600,000. You will make a 10% down payment and take out a loan for the rest. You are
Suppose you are buying a house for $600,000. You will make a 10% down payment and take out a loan for the rest. You are offered a 4.5% fixed rate loan for 20 years. How much will your monthly payments be? Round to the nearest cent.
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