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Your uncle asked for your help to determine the monthly payment he will receive. He has obtained a $200,000 reverse mortgage with monthly payment over

Your uncle asked for your help to determine the monthly payment he will receive. He has obtained a $200,000 reverse mortgage with monthly payment over 10 years with an interest rate of 8.25 percent. $1,078.05 $1,88393. $1,250 \$

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