A car dealer carries out the following calculations.

$\backslash$table$[[$List price,$$5,368\mathrm{.}00$

Karen and Wayne need to buy a refrigerator because theirs just broke. Unfortunately, their savings account is depleted, and they will need to borrow money in order to buy a new one. Sears offers them an installment loan at $12\%($add$-$on rate$).$ If the refrigerator at Sears costs $$1,548$ plus $5\%$ sales tax, and Karen and Wayne plan to pay for the refrigerator for $3$ years, what is the monthly payment? $($Round your answer to the nearest cent.$)$ Hint: See Section $11\mathrm{.}2$ Example $1$ $