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Answer:
The question is True.
Answer: $998.67
Step-by-step explanation:
M = P[r(1+r)^n/((1+r)^n)-1)]
This does not include taxes, insurance, or PMI
The distance is 5 units
16.5
3 solos*5 1/2
3*5=15
3*1/2=1.5
15+1.5=16.5