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Moving to another question will save this response Question 22 of 30 stion 22 4 points Save As Peifan is taking an interest Only loan

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Moving to another question will save this response Question 22 of 30 stion 22 4 points Save As Peifan is taking an interest Only loan to purchase a 5491,959 property with 0.9 LTV. The loan is issued for 15 years with monthly payments and has a fixed interest rate at 5. Under this mortgage contract, what will be Peifan's payment in the first month of the loani State your answer as a number rounded to the nearest centies if your answer is 51,000.568, write 1000.57), estion 22 of 30

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