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You want to get a $ 5 5 5 9 commercial real estate mortgage. You are offered a monthly payment loan with 8 . 9

You want to get a $5559 commercial real estate mortgage. You are offered a monthly payment loan with 8.9% interest and a 25 year amortization schedule with a balloon payment at the end of 5 years. What will be your monthly mortgage payment? State your answer as a number rounded to two decimal points (e.g. if the answer is $2345.123, write 2345.12)
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