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.Joe and Sam are buying their first home together. The purchase price is $157,500.00 and they are putting a 20 percent down payment on the

.Joe and Sam are buying their first home together. The purchase price is $157,500.00 and they are putting a 20 percent down payment on the home. They have been approved for a 20-year loan at a 6 percent interest rate. What is their monthly mortgage payment?

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