Marijo needs to borrow $$735,000$ to purchase a home. He is able to obtain a fifteen year mortage with a fixed$-$rate of $4\mathrm{.}8\%.$ What is his

monthly payment?

For numerical entries, please

do NOT enter commas

do NOT enter the dollar symbol: $

DO enter the percent symbol when it is needed: $\%$

enter dollar amounts to the nearest cent, for example: $12345\mathrm{.}67$

Please complete the TVM Framework table to compute Marijo's monthly payment on this mortgage:

Time Value of Money $($TVM$)$ Framework

Please complete the first rows of the amortization table $($enter positive values with no commas$)$:

Amortization Table

If Marijo started this mortgage at the beginning of December, how much interest would he pay during its first calendar year?

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