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A man wants to buy a $36,000 car. He will put 20 % down and finance the rest over 6 years. How much will his

A man wants to buy a $36,000 car. He will put 20 % down and finance the rest over 6 years. How much will his monthly payments be if he borrows the money at 4.8% annual interest, compounded monthly?

Give the answer correctly to 2 decimal places.

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