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Suppose you borrow $226,000 at 7.92% annual interest compounded monthly, for 30 years. First, find the monthly payment. Then, fill in the following amortization schedule.
Suppose you borrow $226,000 at 7.92% annual interest compounded monthly, for 30 years. First, find the monthly payment. Then, fill in the following amortization schedule. The monthly payment is ? (Round to the nearest cent)
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