Question: Create a vertical one-way data table that shows loan amounts in $10,000 increments from $68,000 to $368,000 and their monthly payment amounts, assuming the loan
Create a vertical one-way data table that shows loan amounts in $10,000 increments from $68,000 to $368,000 and their monthly payment amounts, assuming the loan term and annual interest rate are 10 years and 7%, respectively. What is the monthly payment for a loan of $245,000? Note: Round your answer to 2 decimal places.
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