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Greg and Abby plan take out a loan to purchase a new home. They take out a 20-year loan at 3.6% interest per year compounded

Greg and Abby plan take out a loan to purchase a new home. They take out a 20-year loan at 3.6% interest per year compounded monthly. The new home is cost $220,000 and they plan to make a $10,000 dollar down payment, what is their monthly payment on this 20 year loan? round to the penny $

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