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XI Property Ltd. can buy a business for $500,000 with terms of $100,000 down payment and the balance payable over 10 years by payments at

XI Property Ltd. can buy a business for $500,000 with terms of $100,000 down payment and the balance payable over 10 years by payments at the end of each month. What will be the size of the payments if the interest rate is 5.4% compounded monthly?

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