Question: Javier and Jun's variable rate option comes from Credit Union B. Credit Union B offers a variable rate, 30 year, $500,000 mortgage, with a starting
Javier and Jun's variable rate option comes from Credit Union B. Credit Union B offers a variable rate, 30 year, $500,000 mortgage, with a starting interest rate of 5.44% that could rise to an interest rate of 7.96%. Calculate Javier \& Jun's monthly payment if this loan adjusts to the highest interest rate? Round to the nearest dollar (no decimal places)
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