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You buy a house for $250,000. You put $50,000 down, and get a 30-year fixed 6.5 percent loan for the rest. How much is your

  1. You buy a house for $250,000. You put $50,000 down, and get a 30-year fixed 6.5 percent loan for the rest. How much is your monthly payment?

Please draw the line of this question. Put down all TMV factors: size of cash flows, time, and interest rate.

show the formula you should use to solve the problem, and the corresponding numbers in the formula .

show all the finical calclutar inputs and outputs

thank you

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