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You bought a house for $575,000. The bank required a 30% down payment and gave you a 30-year mortgage loan for the remainder. Assume an
You bought a house for $575,000. The bank required a 30% down payment and gave you a 30-year mortgage loan for the remainder. Assume an annual interest rate of 4.25% and a monthly repayment schedule. What is your monthly payment? Round to the nearest dollar and use the $ symbol. Hint...last digit is 0.
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