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Test: Ex Course Grade possib Ironwood Bank is offering a 25-year mortgage with an APR...

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Accounting

Test: Ex Course Grade possib Ironwood Bank is offering a 25-year mortgage with an APR of 6.15% based on monthly compounding. If you plan to borrow $170,000, what will be your monthly payment? (Note: Be careful not to round any intermediate steps less than six decimal places.) ... The loan payment is $(Round to the nearest cent

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