Question: 8 . You purchase a home for $ 6 9 , 7 5 0 at 6 . 5 % for 3 0 years. The property

8. You purchase a home for $69,750 at 6.5% for 30 years. The property taxes are $2,450 per year, and the hazard insurance premium is $256 semiannually. Find the monthly PITI payment.

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