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Suppose you obtain a 30 -year mortgage loan of $195,000 at an annual interest rate of 8.1% . The annual property tax bill is $973
Suppose you obtain a30-year mortgage loan of$195,000at an annual interest rate of8.1%. The annual property tax bill is$973and the annual fire insurance premium is$495. Find the total monthly payment for the mortgage, property tax, and fire insurance.
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