(Answered) Jeff decided to purchase a house his mortgage is a 30 year

Management Studies

Jeff decided to purchase a house, his mortgage is a 30 year loan at 4% compounded monthly. The final purchase price was $155,000.00. Jeff put $2,808 down at closing. Each month, Jeff must also pay an additional 514.27 for additional insurances and taxes. Find Jeff's total monthly mortgage payment.

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