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Jeff decided to purchase a house, his mortgage is a 30 year loan at 4% compounded monthly.The final purchase price was $155,000.00.Jeff put $2,808 down

Jeff decided to purchase a house, his mortgage is a 30 year loan at 4% compounded monthly.The final purchase price was $155,000.00.Jeff put $2,808 down at closing.Each month, Jeff must also pay an additional 514.27 for additional insurances and taxes. Find Jeff's total monthly mortgage payment.

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