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We decide to borrow $300,000 for a new home. The mortgage calls for 30 years of equal monthly payments with first due 1 month from
We decide to borrow $300,000 for a new home. The mortgage calls for 30 years of equal monthly payments with first due 1 month from today. What will be our monthly payment if the mortgage rate is 3.24% APR compounded monthly?
Enter answer in dollars, rounded to the nearest dollar.
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