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Brad decides to purchase a $300,000 house. He wants to finance the entire balance. He has received an APR of 3.1% for a 20-year mortgage.

Brad decides to purchase a $300,000 house. He wants to finance the entire balance. He has received an APR of 3.1% for a 20-year mortgage. What is Brad's monthly payment? Round your answer to the nearest hundredth

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