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CR You just bought a rent house in Fayetteville, AR, for $200,000, with $40,000 down...

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CR You just bought a rent house in Fayetteville, AR, for $200,000, with $40,000 down and the balance in the form of a 15-year amortization mortgage at a fixed rate of 4.0% and monthly payments. Your principal, interest, property tax, and insurance, plus all costs of maintaining the property, are covered by your rent. a) How much are your monthly mortgage payments

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