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You just bought a new home for $550,000 and put 20% as a down payment. Your loan term is 30 years with an APR of

You just bought a new home for $550,000 and put 20% as a down payment. Your loan term is 30 years with an APR of 3.15%. What is your monthly payment?

A. $1,890.84

B. $2,735.18

C. none of the above answers are correct.

D. $1,527.78

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