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A bank is offering you a loan of $10,000 for 10 years. The stated interest rate (APR) is 7.7%. If this is an amortized loan

A bank is offering you a loan of $10,000 for 10 years. The stated interest rate (APR) is 7.7%.

If this is an amortized loan with monthly payment, your payment is $_. (Keep two decimal numbers.)

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