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You take out a mortgage for $260,000 at 4% compounded monthly. What are your monthly payments if the mortgage is for 20 years? ) $1,575.55

You take out a mortgage for $260,000 at 4% compounded monthly. What are your monthly payments if the mortgage is for 20 years? ) $1,575.55 $708.88 $1,577.51 $865.67 $711.25

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