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You bought an apartment building with $ 7 5 , 0 0 0 cash and a mortgage loan of $ 8 5 0 , 0

You bought an apartment building with $75,000 cash and a mortgage loan of $850,000.
The loan was made at an interest rate of 6.75% and requires monthly payments
for 20 years. What are the monthly payments?
a. $1,510.69
b. $5,873
c. $6,463.09
d. $2,851
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