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Suppose you found the house that you have been looking for years! It comes with...

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Suppose you found the house that you have been looking for years! It comes with a price tag of $160,000. As luck would have it, you also found a bank that is running special where they will finance your house 100% (with no down payment) with a 3% APR, 30 year loan. How much would be your monthly payment amount? (Round up your answer to two decimal point) Monthly payment: $

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