Question: Show you work on paper please Question 26 Steve has bought a house for $800,000 with 20% cash down payment. The remaining balance is financed

Show you work on paper please

Question 26 Steve has bought a house for $800,000 with 20% cash down payment. The remaining balance is financed by a 30-year mortgage at 5.25% per annum. The mortgage installments are paid monthly and first installment is due in one month. How much is Steve's monthly mortgage repayment

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