Today you bought a house, financing $316,000 of the purchase price with a 30-year mortgage. The annual

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Today you bought a house, financing $316,000 of the purchase price with a 30-year mortgage. The annual interest rate on the mortgage is 5%.

Calculate the approximate monthly payments on the mortgage.

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Personal Finance

ISBN: 978-1133595830

12th edition

Authors: Thomas Garman, Raymond Forgue

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Posted Date: Sep 12, 2023 03:07 AM

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Today you bought a house, financing $316,000 of the purchase price with a 30-year mortgage. The annual

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