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Suppose the Bank of Montreal is offering a 3 0 - year mortgage with an EAR of 5 . 3 7 5 % . If
Suppose the Bank of Montreal is offering a year mortgage with an EAR of If you plan to borrow $ what will your monthly payment beNote: Be careful not to round any intermediate steps less than six decimal places.
Your monthly payment will be $Round to the nearest cent.
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