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Suppose you found the house that you have been looking for years! It comes with a price tag of $247,161. As luck would have it,

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Suppose you found the house that you have been looking for years! It comes with a price tag of $247,161. As luck would have it, you also found a a bank that is running special where they will finance your house 100% (with no down payment) with a 8% APR, 30 year loan. How much would be your monthly payment amount? (Round up your answer to two decimal point)

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