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Your monthly mortgage payment (principal plus interest) is $1, 600. If you have a 20-year loan with a fixed interest rate of 0.45% per month,

Your monthly mortgage payment (principal plus interest) is $1, 600. If you have a 20-year loan with a fixed interest rate of 0.45% per month, how much did you borrow from the bank to purchase your house (rounded to the nearest whole dollar)

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