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You are considering purchasing a new home, You will need to borrow $210,000 to purchase the home. A mortgage company offers you a 20-year fixed

You are considering purchasing a new home, You will need to borrow $210,000 to purchase the home. A mortgage company offers you a 20-year fixed rate mortgage (240 months) at 9% APR (0.75% month). If you borrow the money from this mortgage company, your monthly mortgage payment will be closest to:

A: $2645

B: $1889

C: $1511

D: $3022

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