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You are making plans for your future career and life, and want to know how much you can expect to pay for your rent or

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You are making plans for your future career and life, and want to know how much you can expect to pay for your rent or a mortgage payment. For instance you calculate that if you borrow $200,000 at an APR = 5.5% fixed for 30 years, you would be making a monthly payment equal to . Assume the loan is completely paid off in 30 years. Select one: o a. $555.56 o b. $13,761.08 o c. $6,666.67 od. $6,319.12 o e. $11,000.00 o f. $7,150.74 O g. $218.91 o h. $1,135.58 o i. $7,033.33

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