Answer: 695.30
Step-by-step explanation: We know that 634.8 is what the monthly mortgage is, then we use the value of $726 and divide it by 12 which represents the 12 months in a year. So 726 ÷ 12 = 60.5 therefore monthly he will additionally need to pay that amount. I don't think the annual real estate taxes are going to be used for this problem. So after this, we do the following equation. 634.8 + 60.5 = 695.3. We round this value to the nearest cent and we get 695.30. When the digit to the right is less than 5 we round toward 0... 695.3 was rounded down toward zero to 695.30