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You are planning to buy a house. The house will cost $500,000. What will be your monthly payment on a 30-year loan at 2.5% APR?

You are planning to buy a house. The house will cost $500,000. What will be your monthly payment on a 30-year loan at 2.5% APR?

A. $1,733.50 B. $1,975.60 C. $2,000.16 D. $19,756.00 E. None of the above

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