Question: Use the monthly payment formula to answer the question. Round your answer to two decimal places, if necessary. A home is purchased for S622.000 with

Use the monthly payment formula to answer the question. Round your answer to two decimal places, if necessary. A home is purchased for S622.000 with a 20% down payment. Find the monthly payment if the mortgage is 7.2% for 25 years. The monthly payment is S

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