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What is the monthly payment on a 30-year fixed-rate mortgage if the original balance is $300,000 and the rate is 4.75 percent? (Do not round

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What is the monthly payment on a 30-year fixed-rate mortgage if the original balance is $300,000 and the rate is 4.75 percent? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Monthly payment

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