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Anne Is Buying a Beach House

Question 207

Multiple Choice

Anne is buying a beach house.The house cost $450,000.She will put 20% down and finance the rest with a 15 year,4.5% APR mortgage with monthly payments.What will her monthly payment be?


A) $2,257.75
B) $2,753.98
C) $2,277.54
D) $2,454.75

Correct Answer:

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