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Ironwood Bank is offering a 25 -year mortgage with an APR of 5.80 % based on monthly compounding. If you plan to borrow 162,000, what

Ironwood Bank is offering a 25 -year mortgage with an APR of 5.80 % based on monthly compounding. If you plan to borrow 162,000, what will be your monthly payment?

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Ironwood Bank is offering a 25-year mortgage with an APR of 5.80% based on monthly compounding. If you plan to borrow $ 162,000, what will be your monthly payment? The loan payment is $ (Round to the nearest cent.)

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