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18-03-2024
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Ben and Carla Covington plan to buy a condominium. They will obtain a $232,000, 25-year mortgage at 7.5 percent. Their annual property taxes are expected to be $2,000. Property insurance is $600 a year, and the condo association fee is $280 a month. Based on these items, determine the total monthly housing payment for the Covingtons

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