Question: You are interested in purchasing a home for $ 4 5 0 , 0 0 0 . The bank requires a 2 0 % down

You are interested in purchasing a home for $450,000. The bank requires a 20% down payment and the interest on a 30 year-mortgage is 5.0% per year. What will be your monthly mortgage payment?
Group of answer choices
$1,875
$1,944
$2,430
$1,512

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