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Suppose you have a 30-year, $140,000 mortgage with a contract rate of 6%. You make monthly payments. What is your total monthly payment on principal

Suppose you have a 30-year, $140,000 mortgage with a contract rate of 6%. You make monthly payments. What is your total monthly payment on principal and interest?

A.

$798.35

B.

$839.37

C.

$1,181.40

D.

$1,440.06

E.

$1,576.54

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