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Suppose we have a $300,000 commercial mortgage with a 2.5 percent APR and a 30-year (360-month) amortization. Further suppose the mortgage has a five-year balloon.

Suppose we have a $300,000 commercial mortgage with a 2.5 percent APR and a 30-year (360-month) amortization. Further suppose the mortgage has a five-year balloon. What will the monthly payment be?

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