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the monthly payment is 643.70, why ? Please show me more detail. Calculating the Mortgage Payment: Example: What will the monthly mortgage payments be on

the monthly payment is 643.70, why ? Please show me more detail.
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Calculating the Mortgage Payment: Example: What will the monthly mortgage payments be on an $80,000, 30-year, 9% mortgage? Loan amount = PV of all future monthly payments = monthly payment * PVIFA n= no. of monthly payments, T = interest rate per month = =

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