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Your mortgage loan has a principal of $675000, an amortization period of 20 years and a quoted rate of 3.50%. You elect to make 24

Your mortgage loan has a principal of $675000, an amortization period of 20 years and a quoted rate of 3.50%. You elect to make 24 payments per year. What is the size of each mortgage loan payment? Enter your answer rounded to 2 decimal places

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