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If an adjustable-rate 30-year mortgage for $129,000 starts at 4 percent and increases to 5.5 percent, what is the amount of increase o: the monthly

If an adjustable-rate 30-year mortgage for $129,000 starts at 4 percent and increases to 5.5 percent, what is the amount of increase o: the monthly payment? (Use Exhibit 9-9.) (Round your answer to 2 decimal places.)

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