Question: Ann obtains a fully amortizing 3 0 year Fixed Rate Mortgage with monthly payments for $ 9 0 0 , 0 0 0 at 6

Ann obtains a fully amortizing 30 year Fixed Rate Mortgage with monthly payments for $900,000 at 6.25%. How much does Ann need to pay monthly? (Write the answer as a number rounded to two decimals, e.g. if you get $50.66666, write 50.67)

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