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You decide to buy a house for $350,000. The mortgage is for 30 years at an annual interest rate of 7% with equal monthly payments
You decide to buy a house for $350,000. The mortgage is for 30 years at an annual interest rate of 7% with equal monthly payments and no change in the rate charged. What is your monthly payment for your house? Give your answer in dollars but do not type in a dollar sign
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