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Suppose you are buying your first condo for $130k, and you will make a $15k down payment. You have arranged to finance the remainder with

Suppose you are buying your first condo for $130k, and you will make a $15k down payment. You have arranged to finance the remainder with a 30 year, monthly payment, amortized mortgage at 6.5% nominal interest rate, with the first payment due in one month. What will your payment be?

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