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84 points borrows the remainder to be repaid in monthly installments over the next 30 years. The first payment occurs one month from today. If

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84 points borrows the remainder to be repaid in monthly installments over the next 30 years. The first payment occurs one month from today. If the annualized interest rate for the loan is 5.7%, what is his monthly payment? Enter your answer as a positive number, and round to the nearest penny

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