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Arrowood's Camera Store advertises a Canon Power Shot 3.34-megapixel camera for$425, including taxes. If you finance the purchase of this camera for 1 year at

Arrowood's Camera Store advertises a Canon Power Shot 3.34-megapixel camera for$425, including taxes. If you finance the purchase of this camera for 1 year at an annual percentage rate of7.8%, find the monthly payment. (Round your answer to the nearest cent.)

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