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    You Decide to Take Out a 25-Year Mortgage for $350,000
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You Decide to Take Out a 25-Year Mortgage for $350,000

Question 47

Question 47

Multiple Choice

You decide to take out a 25-year mortgage for $350,000 at 5% APR.What are your monthly payments?


A) $2,035.62
B) $2,046.07
C) $1,166.67
D) $2,069.45
E) $2,054.11

Correct Answer:

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