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The Albertson's are considering buying another house. Their house mortgage payments would increase by $500 (to $1500) per month, which includes a $250 increase in
The Albertson's are considering buying another house. Their house mortgage payments would increase by $500 (to $1500) per month, which includes a $250 increase in interest and a $100 increase in property tax. How much would the mortgage payments increase net of any change in the income tax? Show your work.
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