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Asia purchased a house using a fixed rate mortgage. The annual interest rate is 4.9% compounded monthly for 25 years. The mortgage amount is $165,000. What is the monthly payment on the mortgage? (1 point) $1,079.83. $576.95. $584.49. $954.98. Jamal will pay a monthly payment of $2,309.52 on a fixed rate mortgage over 15 years. ................
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