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You want to buy a house, and a mortgage company will lend you $260,000. The loan would be fully amortized over 30 years (360 months),

You want to buy a house, and a mortgage company will lend you $260,000. The loan would be fully amortized over 30 years (360 months), and the nominal interest rate would be fixed at 9 percent, compounded monthly. What would be the monthly mortgage

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