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Suppose you obtain a 25-year mortgage loan of $194,000 at an annual interest rate of 7.9%. The annual property tax bill is $979 and the

Suppose you obtain a 25-year mortgage loan of $194,000 at an annual interest rate of 7.9%. The annual property tax bill is $979 and the annual fire insurance premium is $487. Find the total monthly payment for the mortgage, property tax, and fire insurance. (Round your answer to the nearest cent.)

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