michielnelissen2695 michielnelissen2695
  • 26-04-2024
  • Business
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A borrower agrees to a $200,000, 30-year fixed-rate mortgage with a quoted interest rate of 5. 75% (or 0. 4792% per month) What is the monthly payment amount?
a) $1,168. 10
b) $1,150. 00
c) $1,236. 50
d) $1,255. 20

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