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Suppose you purchase a house for $591,501 using a 30year fixed-rate mortgage. You agree to make a down payment of $37,768 today. In addition, you
Suppose you purchase a house for $591,501 using a 30year fixed-rate mortgage. You agree to make a down payment of $37,768 today. In addition, you agree to pay $85,282 in 2 years and $25,343 in 9 . Find the size of your monthly payment you should ask for from your bank if interest rates are currently 5.92% and payments are made at the end of the month with the fist payment due at the end of this month. Answer Format: INCLUDE ONLY NUMBERS AND DECIMALS IN YOUR ANSWER. Do not include " \( \$ " \)quot; ", or any other formatting. Carry interim computations to at least 4 decimals. Enter numerical answers as a positive number rounded to 2 decimal places (\#\#\#.##)
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