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Sherry Smart Is Buying a $350,000 Home and Will Pay

Question 58

Multiple Choice

Sherry Smart is buying a $350,000 home and will pay the mortgage monthly for 30 years. She has a good credit score and has qualified for a 5.125% loan interest. How much will she be paying monthly for the home?


A) $2,013.67
B) $1,572.72
C) $1,318.69
D) $975.88

Correct Answer:

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