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OpenStudy (anonymous):
In order to purchase a home, a family borrows $267,000 at 10.8% for 15 years. What is the monthly house payment necessary to amortize the loan? (Do not round until the final answer. Then, round to the nearest cent.) a)$3,394.52 b)$2,403.00 c)$3,001.27 d)$19,108.39
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OpenStudy (anonymous):
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