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You are borrowing $245,000 to purchase a home. The loan agreement requires a monthly payment based upon a 4,5% quoted APR over 20 years. What

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You are borrowing $245,000 to purchase a home. The loan agreement requires a monthly payment based upon a 4,5% quoted APR over 20 years. What is your monthly mortgage payment? (Round to two decimal places) 14 Multiple Choice $1,326.33 $1,549.99 O 51.78387 O S120265

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