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You want to buy a house and will need to borrow $ 2 3 5 , 0 0 0 . The interest rate on your

You want to buy a house and will need to borrow $235,000. The interest rate on your loan is 5.65 percent compounded monthly and the loan is 20 years. What are your monthly mortgage payments?
Multiple Choice
$1,718.33
$1,659.17
$1,628.84
$1,636.51
$1,581.96
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