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Ben and Carla Covington plan to buy a condominium They will obtain a 223 000...

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Ben and Carla Covington plan to buy a condominium They will obtain a 223 000 30 year mortgage at 6 5 percent Their annual property taxes are expected to be 1 950 Property insurance is 510 a year and the condo association fee is 235 a month Based on these items determine the total monthly housing payment for the Covingtons Use Exhibit 7 7 Round your intermediate calculations and final answer to 2 decimal places Total monthly housing payment

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