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In order to purchase a home, a family borrows $101,000 at 3.2% compounded monthly for...

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Algebra

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In order to purchase a home, a family borrows $101,000 at 3.2% compounded monthly for 15 yrs. What is their monthly payment? Round the answer to the nearest centCHEEA. $855.68B. $707.24C. $906.22D. $270.27E $6,877.87

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