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You need to borrow $175,000 in order to buy a new house. The loan will be for 30 years. In excel, compute the monthly payment

You need to borrow $175,000 in order to buy a new house. The loan will be for 30 years. In excel, compute the monthly payment amounts for interest rates of 0% to 5%, in 1 percent increments. Which of the following accurately depicts this calculation?

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