Question: Please answer the following question: Computing a Mortgage Payment. N'Cho just purchased a home for $139,000. He put 10% down and financed the remainder for

Please answer the following question:

Computing a Mortgage Payment. N'Cho just purchased a home for $139,000. He put 10% down and financed the remainder for thirty years at

5.5% per year. How much is his monthly principal and interestpayment?

His monthly principal and interest payment will be $ .(Round to the nearestcent.)

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