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QUESTION

You want to buy a house worth $300,000. The rest will be financed at 4% annually. Your payments will be made at the end of every month for 30 years.

You want to buy a house worth $300,000. The rest will be financed at 4% annually. Your payments will be made at the end of every month for 30 years. What is your monthly payment?

A. $1427.49

B. $1432.25 C. $1450.23 D. $1409.68 

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