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You plan to take out a $ 3 2 0 , 0 0 0 fixed - rate home mortgage. It is a 3 0 -
You plan to take out a $ fixedrate home mortgage. It is a year loan requiring monthly loan payments of equal amount. The interest rate on the mortgage is What will be your monthly mortgage payment?
a
$
b
$
c
$
d
$
e
$
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