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Business, 29.11.2020 23:10 awdadaddda

Teresa is considering purchasing a home for $220,000 by taking out a loan with an interest rate of 4.3% for 30 years. What would her monthly payment be? Use the monthly payment formula to calculate the monthly payment for this loan:

M =
M = monthly payment

P = principal

r = interest rate

t = number of years

$896.25
$1,088.72
$1,868.70
$2,069.75

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Answers: 1

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