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Amanda Chin purchased a home for $296,000; she put 20% down with a mortgage rate of 6% for 30 years. What is Amanda's monthly payment?
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Amanda Chin purchased a home for $296,000; she put 20% down with a mortgage rate of 6% for 30 years. What is Amanda's monthly payment?

User Ypx
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1 Answer

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20percent of 296000 is 59200 x 0.06 is 3552 therefore the answer is 3552 a month
User Nicholas Johnson
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