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What is the monthly payment on a 20-year fixed-rate mortgage if the original balance is $255,000 and the rate is 4.3 percent? (Do not round

What is the monthly payment on a 20-year fixed-rate mortgage if the original balance is $255,000 and the rate is 4.3 percent? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Monthly Payment = ?

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