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Derek borrows $262,393.00 to buy a house. He has a 30-year mortgage with a rate of 5.90%. The monthly mortgage payment is $________. Round to

Derek borrows $262,393.00 to buy a house. He has a 30-year mortgage with a rate of 5.90%. The monthly mortgage payment is $________.

Round to 2 decimal places in currency.

Suppose you deposit $1,155.00 into an account 5.00 years from today. Exactly 16.00 years from today the account is worth $1,418.00. What was the account's interest rate?

Round to 3 decimal places in percentage form.

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