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A couple borrows ( $ 2 2 5 0 0 0 ) for a mortgage that requires fixed monthly payments over 3

A couple borrows \(\$ 225000\) for a mortgage that requires fixed monthly payments over 30 consecutive years. The first monthly payment is due in one month. If the interest rate on the mortgage is \(6.00\%\), which of the following comes closest to the monthly payment?
\(\$ 662.50\)
\$1343.70
\$1348.99
\$625.00
\$1362.17
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