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Given the following information on an interest-only mortgage, calculate the monthly mortgage payment. Loan amount: $223,000 Term: 30 years Interest Rate:6.54 % $1,215$1,382$1,415$1,269
Given the following information on an interest-only mortgage, calculate the monthly mortgage payment. Loan amount: $223,000 Term: 30 years Interest Rate:6.54 \% $1,215$1,382$1,415$1,269 Step by Step Solution
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