What is the required monthly payment on a amount of mortage

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Reference no: EM132071340

Answer the followig question :

What is the required monthly payment on a $720,000.00 mortgage. Assume a standard mortgage (360 months) with monthly payments. Use a nominal rate (monthly compounding) of 5.90%.

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132071340

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