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The Robinson family is buying a new 3,500-square-foot house in Muncie, Indiana, and will borrow $239,600 from Bank One at a rate of 5.970 percent

The Robinson family is buying a new 3,500-square-foot house in Muncie, Indiana, and will borrow $239,600 from Bank One at a rate of 5.970 percent for 15 years. What will be their monthly loan payment?

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