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Yuan Tian wants to purchase a house boat for $400,000. She made a down payment of 20 percent in cash and financed the balance. The
Yuan Tian wants to purchase a house boat for $400,000. She made a down payment of 20 percent in cash and financed the balance. The loan terms require monthly payments for 15 years at an annual percentage rate of 5.75%. What is Yuans monthly mortgage payment?
Group of answer choices:
$2,895
$3,268
$2,615
$1,817
$2,185
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