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Word Problem 18-10 [LU 18-1 (2)] Oprah Winfrey has closed on a 42-acre estate near Santa Barbara, California, for $49,800,000. If Oprah puts 30% down

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Word Problem 18-10 [LU 18-1 (2)] Oprah Winfrey has closed on a 42-acre estate near Santa Barbara, California, for $49,800,000. If Oprah puts 30% down and finances at 7% for 30 years, what would her monthly payment be? (Do not round intermediate calculations. Round your answer to the nearest dollar amount.) Monthly payment

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