Question: I need some help with this question please You are buying your first house for $220,000, and are paying $30,000 as a down payment. You
I need some help with this question please

You are buying your first house for $220,000, and are paying $30,000 as a down payment. You have arranged to finance the remaining $190,000 30-year mortgage with a 7% nominal Interest rate and monthly payments. What are the equal monthly payments you must make? $1,513 $1,110 $1,264 $1,976 $1,349
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