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Alex borrows $ 2 0 0 , 0 0 0 from the first commercial bank and the annual interest rate is 1 2 . 9
Alex borrows $ from the first commercial bank and the annual interest rate is percent which is compounded monthly for years. Calculate Alex's monthly payment and the total amount required to pay off the loan.
Instruction: enter your responses rounded as an integer.
Monthly payment $
Total amount to pay off the loan $
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