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The monthly payments on a $200,000 mortgage with a 6% interest rate and a 30-year term are $1,199.10. What is the annual debt service expressed

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The monthly payments on a $200,000 mortgage with a 6% interest rate and a 30-year term are $1,199.10. What is the annual debt service expressed as a percentage of the original mortgage balance? 07.31% 07.20% 0 6.00% 6.77%

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