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Say that you purchase a house for $284,000 by getting a mortgage for $250,000 and paying a $34,000 down payment. If you get a 30-year

Say that you purchase a house for $284,000 by getting a mortgage for $250,000 and paying a $34,000 down payment. If you get a 30-year mortgage with an interest rate of 8 percent, what are the monthly payments? (Do not round intermediate calculations and round your final answer to 2 decimal places.)

Payment = ?

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