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Use the following information to answer the next two questions: Valley Lending Company makes a loan of $200,000 at a 6% annual interest rate for

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Use the following information to answer the next two questions: Valley Lending Company makes a loan of $200,000 at a 6% annual interest rate for 25 years with monthly payments. The borrower must pay a loan origination fee of $3,000 to obtain the loan. What will be the monthly payment? $1,199.10 $1,269.27 $1,223.63 $1,288,60 $1,181.11

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