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You Recently Bought a House for $357 000

Question 67

Multiple Choice

You recently bought a house for $357 000. You put 20% of your own money into it, and borrowed the rest. Assuming interest is charged at 0.29% per month and you plan to take 30 years to pay off the mortgage, your monthly mortgage payment is closest to:


A) $1 299.22
B) $1 279.29
C) $319.82
D) $1 599.11

Correct Answer:

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