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The Monthly Mortgage Payment on a Home Is $783

Question 23

Multiple Choice

The monthly mortgage payment on a home is $783.40, and the homeowner pays an annual property tax of $648. Find the total monthly payment for the mortgage and property tax.


A) $1088.62
B) $586.18
C) $418.70
D) $753.66
E) $837.40

Correct Answer:

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