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You want to take out a $250,000 mortgage (home loan). The interest rate on the loan is 5% and the loan is for 25 years.

You want to take out a $250,000 mortgage (home loan). The interest rate on the loan is 5% and the loan is for 25 years. How much will your semi- monthly payments be? a. $655 b. $622 c. $730 d. $680 e. $752
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You want to take out a $250,000 mortgage (home loan). The interest rate on the loan is 5% and the loan is for 25 years. How much will your semimonthly payments be? a. \$655 b. $622 c. $730 d. $680 e. $752

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