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You have found that dream near - beach house on Hilton Head Island, SC and your offer of $ 7 2 0 , 0 0

You have found that dream near-beach house on Hilton Head
Island, SC and your offer of $720,000 has been accepted. You can
put down an initial payment of $75,000 at purchasing and finance
the rest with a very favorable fixed-rate, 15-year mortgage rate of
3.60% per year. To the nearest dollar, what would be your monthly
payment for this mortgage with a 15-year term

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