Suppose you obtain a30-year mortgage loan of$191,000at an annual interest rate of8.2%. The annual property tax bill
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Question:
Suppose you obtain a30-year mortgage loan of$191,000at an annual interest rate of8.2%. The annual property tax bill is$965and the annual fire insurance premium is$498. Find the total monthly payment for the mortgage, property tax, and fire insurance. (Round your answer to the nearest cent.)
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