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You are considering borrowing $150,000 to purchase a new home. Calculate the monthly payment needed to amortize an 8 percent, fixed-rate, 30-year mortgage loan. $1,093

You are considering borrowing $150,000 to purchase a new home. Calculate the monthly payment needed to amortize an 8 percent, fixed-rate, 30-year mortgage loan. $1,093 $1,101 $1,203 $101

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