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You want to purchase a new condominium that costs $287,500. Your plan is to pay 5 percent down in cash and finance the balance over

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You want to purchase a new condominium that costs $287,500. Your plan is to pay 5 percent down in cash and finance the balance over 25 years at 3.75 percent. What will be your monthly mortgage payment? 29:23 Multiple Choice $1,705.15 O $958.33 O $17,024.34 $1,404.22 w

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