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Suppose the bank of montreal is offering a 30-year mortgage with an EAR of 5.125%. If you plan to borrow $250,000, what will your monthly

Suppose the bank of montreal is offering a 30-year mortgage with an EAR of 5.125%. If you plan to borrow $250,000, what will your monthly payment be? (Note: Be careful not to round any intermediate steps less than six decimal places.) Round to the nearest cent.

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