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Suppose you want to buy a house That costs $320,000 You are required to put 10% down, which means the amount to be borrowed is

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Suppose you want to buy a house That costs $320,000 You are required to put 10% down, which means the amount to be borrowed is 90% of the price of the house. If you want a 30 year mortgage, and the borrowing rate is 6% APR compound monthly, what would be your monthly payment? (Answer to the nearest penny)

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