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Suppose you are buying your first house for $360,000, and you will make a $60,000 down payment. You will finance the remainder with a 30-year,

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Suppose you are buying your first house for $360,000, and you will make a $60,000 down payment. You will finance the remainder with a 30-year, monthly payment, amortized mortgage at a 6% nominal interest rate. What will be your first monthly payment? $1905.91 $1821.69 $1798.65 $1741.57 $1780.60 N Previous

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