Question $10,*$Problem $5-18$

HW Score: $83\mathrm{.}33\%,10$ of $12$ points

Points: $0$ of $1$

Suppose the Bank of Montreal is offering a $30-$year mortgage with an EAR of $6\mathrm{.}375\%.$ If you plan to borrow $$325,000,$ what will your monthly payment be$?($Note: Be careful not to round any intermediate steps less than six decimal places.$)$

Your monthly payment will be $ $($Round to the nearest cent.$)$