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A person purchases a $2,000,000 home in Miracle Mile. She puts down 40% of the purchase price. If the person obtains a jumbo loan rate

A person purchases a $2,000,000 home in Miracle Mile. She puts down 40% of the purchase price. If the person obtains a jumbo loan rate of 8% what is the monthly payment for a 30 year fixed rate mortgage on the purchase? Please show how to input using a finance calculator

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