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You are buying a starter home that costs $135,000. You have enough money saved to make a $7,500 down payment. If you finance the balance

You are buying a starter home that costs $135,000. You have enough money saved to make a $7,500 down payment. If you finance the balance at 3.0% APR for 15 years, how much will your monthly payment be?

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$ 537.55

None of these are correct.

$ 1,220.49

$ 880.49

$ 787.74

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