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Suppose you obtain a25-year mortgage loan of$191,000at an annual interest rate of7.8%. The annual property tax bill is$974and the annual fire insurance premium is$488. Find
Suppose you obtain a25-year mortgage loan of$191,000at an annual interest rate of7.8%. The annual property tax bill is$974and the annual fire insurance premium is$488. Find the total monthly payment for the mortgage, property tax, and fire insurance. (Round your answer to the nearest cent.)
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