Brad decides to purchase a $245,000 house. He wants to finance the entire balance. He has received an APR of 3.6% for a
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Brad decides to purchase a $245,000 house. He wants to finance the entire balance. He has received an APR of 3.6% for a
Brad decides to purchase a $245,000 house. He wants to financethe entire balance. He has received an APR of 3.6% for a 30-yearmortgage. What is Brad’s monthly payment? Round your answer to thenearest hundredth.