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You buy a house and finance the purchase with a $250,000 mortgage. What are your MONTHLY payments if the mortgage is for 30 years and

You buy a house and finance the purchase with a $250,000 mortgage. What are your MONTHLY payments if the mortgage is for 30 years and the nominal annual mortgage interest rate is 4.00%?

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$1,189.57

$694.44

$1,193.54

$1,074.18

$954.83

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