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Questions 5 through 7 are related. 5. A bank customer obtains a $320,000 mortgage with a term of 15 years and a nominal interest rate

Questions 5 through 7 are related. 5. A bank customer obtains a $320,000 mortgage with a term of 15 years and a nominal interest rate of 4.20%. The monthly debt service/payment for the mortgage [round to the last cent] is: PMT =

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