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You have found your dream condo, which is listed for $269,000. You put 20% of the price of the home as a down payment, and

You have found your dream condo, which is listed for $269,000. You put 20% of the price of the home as a down payment, and take out a loan for the remaining cost. The bank offers you a 15-year fixed loan with a 6.24% APR compounded monthly. Round all answers to the nearest dollar as needed. Calculate the minimum monthly payment.

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