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Calculate the monthly payment for a 1 5 1 5 - year fixed loan at 3 . 9 % 3 . 9 % compounded monthly

Calculate the monthly payment for a
15
15-year fixed loan at
3.9
%
3.9% compounded monthly if you are borrowing
$
385
,
000.00
$385,000.00. Round to the nearest cent.

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