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The price of a home is 200 000 The mortgage on the house is a 30 year foxed rate mortgage at 4 Use this information

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The price of a home is 200 000 The mortgage on the house is a 30 year foxed rate mortgage at 4 Use this information to find the amount of the monthly payment Round your answer to the nearest cent Use the formula below to solve the problem P Payment 1 954 83 O 2 859 35 3 667 67

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