Question: I need help with the equation, steps, and answer here.... Suppose you want to borrow a mortgage to buy a house. When the current 30-year

I need help with the equation, steps, and answer here.... Suppose you want to borrow a mortgage to buy a house. When the current 30-year mortgage interest rate is 4.5% what is the monthly payments if you want to borrow $500,000 for 30 years.

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