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You plan to purchase a house for 12.5 million baht, using a 30-year mortgage. The mortgage rate offered to you is 7.25 percent. You will
You plan to purchase a house for 12.5 million baht, using a 30-year mortgage. The mortgage rate offered to you is 7.25 percent. You will make a down payment of 15 percent of the purchase price. What are your monthly mortgage payments? (Do not round intermediate calculations and round your answer to two decimal places, e.g., 32.16)
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