Question: A couple borrows $ 2 0 0 0 0 0 for a mortgage that requires fixed monthly payments over 1 5 consecutive years. The first

A couple borrows $200000 for a mortgage that requires fixed monthly payments over 15 consecutive years. The first monthly payment is due in one month. If the interest rate on the mortgage is 9.00%, which of the following comes closest to the monthly payment? $2028.53$1111.11$2067.65$2007.70$1211.11

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