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Suppose you found the house that you have been looking for years ! It comes with a price tag of $ 2 7 5 ,

Suppose you found the house that you have been looking for years ! It comes with a price tag of $275,000. As luck would have it, you have saved up $25,000 for the occasion as a down payment. If you found a bank that is willing to finance your house with a 3% APR, 30 year loan then, how much will be your monthly payment? (Round up your answer to two decimal point )

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