Acadian Life Care (ALC) will have to make major renovations to a seniors complex 20 years from now. At that time, they expect the renovations to cost $52,000,000. They intend to start planning for this expense now by saving $70,000 at the end of each quarter. They have already set aside $1,200,000 for these renovations. They expect to earn 7% APR compounded quarterly. In 20 years they will finance any shortfall by taking out a loan with monthly payments over 15 years at 3.6% compounded monthly. How much will these monthly payments be?