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assume that interest rates are given annually and payments are made monthly. Round your answers to 2 decimal places. 1. What are the monthly payments

assume that interest rates are given annually and payments are made monthly. Round your answers to 2 decimal places.

1. What are the monthly payments for a $165,000 fully amortizing mortgage loan with a 30-year maturity term and a fixed interest rate of 3.75%.

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