Question: Rickon took out a 1 2 0 - year fully amortizing, constant payment mortgage of $ 2 1 7 , 9 8 1 . The

Rickon took out a 120-year fully amortizing, constant payment mortgage of $217,981.
The interest rate for this mortgage equals 7.2% p.a. compounded monthly.
His monthly payment equals $ ______

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