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Suppose you are buying your first condo for $239,000 and you will make a $48.000 down payment. You have arranged to finance the remainder with

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Suppose you are buying your first condo for $239,000 and you will make a $48.000 down payment. You have arranged to finance the remainder with a 30-year, monthly payment, amortized mortgage at a 3.80% nominal interest rate, with the first payment due in one month. What will your monthly payments be? a $889.98 b. $779.74 c. $831.24 1 d. S1040.14 $517.3

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