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4. Mrs. Kabobal bought a used car priced at $10 600 for 10% down and the balance in equal monthly payments over four years at

4. Mrs. Kabobal bought a used car priced at $10 600 for 10% down and the balance in equal monthly payments over four years at 7.2% compounded quarterly. It was a lucky day and there was a no tax special. How much does she have to pay at the beginning of each month?

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