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Suppose the Bank of Montreal is offering a 30 -year mortgase with an EAR of 4.125%, If you plan to borrow $240,000, what will your

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Suppose the Bank of Montreal is offering a 30 -year mortgase with an EAR of 4.125%, If you plan to borrow $240,000, what will your monthly payment be? (Note: Be careful not to round any intermedate sleps less than six decimal places ) Yout monthily paytnent will be (Round to the nearest cent)

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