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James has a mortgage of $98,500 at 8% for 15 years. The property taxes are $3,900 per year, and the hazard insurance premium is $764.50

James has a mortgage of $98,500 at 8% for 15 years. The property taxes are $3,900 per year, and the hazard insurance premium is $764.50 per year. Find the monthly PITI payment (in $). (Round to the nearest cent.)

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