the monthly payment needed to amortize principal and interest for the fixed$-$rate mortgage. Use either the regular monthly payment formula or the given table.

$\backslash$table$[[$Loan Amount,Interest Rate,Term$],[$$$109,000,7\mathrm{.}5\%,15$ years$]]$

Click the icon to view the Real Estate Amortization Table.

monthly payment is $

und to the nearest cent as needed.$)$