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Several years ago Bill got a home mortgage of $ 1 4 5 , 0 0 0 with a term of 3 0 years at

Several years ago Bill got a home mortgage of $145,000 with a term of 30 years at an APR of 7%. Use Rule of Thumb 4.3 to find the difference between his estimated monthly payment and the actual amount given by the monthly payment formula.
(Enter your answer as a positive value rounded to the nearest cent.)
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