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. A mortgage of $206,500 has an interest rate of 6% for 30 years. (If you wish to use the formula instead of a mortgage

. A mortgage of $206,500 has an interest rate of 6% for 30 years. (If you wish to use the formula instead of a mortgage table, note that this is 30 years of 12 monthly payments per year). Find the monthly principal and interest payment

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