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John and his wife are contemplating a home mortgage of $75,000,000 at 11.5% compounded monthly offered by Scotiabank over a 25 years period. What would

John and his wife are contemplating a home mortgage of $75,000,000 at 11.5% compounded monthly offered by Scotiabank over a 25 years period. What would be the monthly payment to 2 decimal places?

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