Before purchasing a used car, Brett Gardiner checked www.kbb.com to learn what he should offer for the used car he wanted to buy. Then he conducted a carfax.com search on the car he found to see if the car had ever been in an accident. The Carfax was clean so he purchased the used car for $14,150. He put $1,500 down and financed the rest with a 48 -month, 8.5% loan. What is his monthly car payment by formula? Note: Round your answer to the nearest cent