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Your parents are buying a house for $ 1 8 7 , 5 0 0 . They have a good credit rating, are making a

Your parents are buying a house for $187,500. They have a good credit rating, are making a 20% down payment, and expect to pay $1,575? month. The interest rate for the mortgage is 4.65%. What must their realized income be before each month?
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