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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

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 mortage at a 3.25% nominal interest rate with the first oysment due in one month. what will monthly payments be?

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