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You have just taken out a 1 0 - year, $ 1 5 0 , 0 0 0 mortgage loan at an annual interest rate
You have just taken out a year, $ mortgage loan at an annual interest rate of The mortgage has monthly payments. What is the amount of each payment? Calculate your answer to the nearest $ Enter your answer as a positive number.
For your answer, round to the nearest $ and do not use commas to separate thousands. Do not use the $ or sign.
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