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You want to buy a house by taking out a mortgage loan in the amount of $ 8 0 , 0 0 0 . If

You want to buy a house by taking out a mortgage loan in the amount of $80,000. If the mortgage requires monthly payments at the beginning of each month for 25 years, and the interest rate on the loan is 7% per year, what is the monthly payment on the mortgage that you will have to make?
(a) $572.07.
(b) $266.67.
(c) $562.14.
(d) $565.42.
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