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You want to buy a house that costs $220,000. You will make a down payment equal to 15 percent of the price of the house

You want to buy a house that costs $220,000. You will make a down payment equal to 15 percent of the price of the house and finance the remainder with a loan that has an interest rate of 5.23 percent compounded monthly. If the loan is for 25 years, what are your monthly mortgage payments?

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