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You want to buy a house and will need to borrow $230,000. The interest rate on your loan is 5.10 percent compounded monthly and

You want to buy a house and will need to borrow $230,000. The interest rate on your loan is 5.10 percent compounded monthly and the loan is for 30 years. What are your monthly mortgage payments? $1.165.20 $1,248.78 $1,270.84 $1,234.38 $1,111.36

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