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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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