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After paying all of the closing costs (required fees) for a loan on your new home, you borrow $130,000 to purchase the home. You amortize

After paying all of the closing costs (required fees) for a loan on your new home, you borrow $130,000 to purchase the home. You amortize the debt with monthly payments for 30 years at an annual interest rate of 8.5%, compounded monthly. What is your monthly house payment (this is for the principal and interest only - the mortgage company will also add your payment for taxes and insurance to this)Using TI-84 calculator to solve.

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