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You are buying your first house for RM220,000, and are paying RM30,000 as a down payment. You have arranged to finance the remaining RM190,000 30-year

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You are buying your first house for RM220,000, and are paying RM30,000 as a down payment. You have arranged to finance the remaining RM190,000 30-year mortgage with a 7% nominal interest rate and monthly payments. What are the equal monthly payments you must make? Select one: O a. RM1,110 b. RM1,264 c. RM1,976 d. RM1,513

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