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You borrow $265,000 to buy a home using a 30-year mortgage with an interest rate of 3.55 percent and monthly payment. Calculate the monthly payment

You borrow $265,000 to buy a home using a 30-year mortgage with an interest rate of 3.55 percent and monthly payment. Calculate the monthly payment amount. Disregard property taxes and mortgage insurance.

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$1,238.42

$1,279.09

$1,381.64

$1,197.38

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