Question: Moving to another question will save this response Question 12 You apply for a mortgage loan with the amount of $59.962 today to buy a

 Moving to another question will save this response Question 12 You

Moving to another question will save this response Question 12 You apply for a mortgage loan with the amount of $59.962 today to buy a mobile home. You plan to make monthly payments over a 20-year period. The hankhuseterad you interest rate, compounded monthly What is your interest payment amount in the FIRST MONTH? Please round your answer to the second decimal without a dollar sign. I.g. 1234.56

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