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Question 2 of 3 Jerrell is considering a 15-year mortgage with the following terms: Loan amount = $320,000 Annual rate = 7.0% Assuming payments

Question 2 of 3 Jerrell is considering a 15-year mortgage with the following terms: Loan amount = $320,000 Annual rate = 7.0% Assuming payments occur at the end of each month, what will be the monthly mortgage payment for this loan? Make your answer a positive number, and round to the nearest dollar if necessary. $

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