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You are considering purchasing a new home. You will need to borrow $280,000 to purchase the home. A mortgage company offers you a 15-year fixed

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You are considering purchasing a new home. You will need to borrow $280,000 to purchase the home. A mortgage company offers you a 15-year fixed rate mortgage (10 months) APR (0.5% months you borrow the money from this mortgage company, your monthly mortgage payment will be closest to O A 51.00 OB 18.781 OC 53.308 OD 12.30

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