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You want to buy a house and will need to borrow $195,000. The interest rate on your loan is 5.17 percent compounded monthly and the

You want to buy a house and will need to borrow $195,000. The interest rate on your loan is 5.17 percent compounded monthly and the loan is for 25 years. What are your monthly mortgage payments?

$1,154.37

$1,217.32

$1,172.70

$1,120.70

$1,159.35

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