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(Solved): ironwood Bank is offering a 2525-year mortgage with an APR of 6.05 %6.05% based on monthly co ...



ironwood Bank is offering a 2525?-year mortgage with an APR of 6.05 %6.05% based on monthly compounding. If you plan to borrow ?$160 comma 000160,000?, what will be your monthly? payment? ?(Note?: Be careful not to round any intermediate steps less than six decimal? places.) Question content area bottom Part 1 Your monthly payment will be ?$enter your response here. ? (Round to the nearest? cent.)



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