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You graduate and find a good paying job.You decide that you want to buy a house.There is a house you like which is selling for

You graduate and find a good paying job.You decide that you want to buy a house.There is a house you like which is selling for $150,000 now.Suppose you make 20% down payment and you qualify for a 3% APR, 30-year mortgage paid at the end of each month.How much would be your monthly payment that begins at the end of current month (rounded to the nearest dollar)?

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Principles Of Managerial Finance

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