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You are buying your first house for $220,000 and are paying $25,000 as a down payment. You have ranged to finance the remaining with a
You are buying your first house for $220,000 and are paying $25,000 as a down payment. You have ranged to finance the remaining with a 15-year mort, a 9% nominal interest rate and monthly payments. What are the equal monthly payment you must mak? (Round your answer to two decimal points)
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