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You want to buy a house and will need to borrow $270,000. The interest rate on your loan is 6.07 percent compounded monthly and the

You want to buy a house and will need to borrow $270,000. The interest rate on your loan is 6.07 percent compounded monthly and the loan is for 25 years. What are your monthly mortgage payments?

$1,742.37

$1,751.19

$1,838.74

$1,692.81

$1,771.83

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