Question: A mortgage loan with a 3.5% mortgage rate, 30 years term for a house value of $300,000 and a down payment of 20%, what is

A mortgage loan with a 3.5% mortgage rate, 30 years term for a house value of $300,000 and a down payment of 20%, what is PMT?A mortgage loan with a 3.5% mortgage rate, 30 years term for a house value of $300,000 and a down payment of 20%, what is PMT?

(Can you please show how to do this by hand and with a calculator) (no excel)

thanks!

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