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How much would be monthly payment

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You graduate from a college and find a good paying job. You decide that you want to buy a house. There is a house you like which is selling for $150,000 now. Suppose you pay 20% down and you qualify for a 3% APR, 20-year mortgage paid at the end of each month. How much would be your monthly payment? (rounded to the nearest dollar)?

Reference no: EM132722331

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