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Business, 27.09.2019 00:00 kswaggish101

Prof. chaos finds a new house he wants to buy for $260,000. after selling his current house he expects to have $80,000 as a down payment for his new house. what would prof. chaos monthly payment be on the $180,000 mortgage he would need if he takes out a 30-year fixed rate mortgage at a 4% nominal annual rate? (round your answer to the nearest cent)

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