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Before purchasing a used car, Jim Myers checked www.kbb.com to learn what he should offer for the used car he wanted to buy. Then purchased

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Before purchasing a used car, Jim Myers checked www.kbb.com to learn what he should offer for the used car he wanted to buy. Then purchased the used car for $14,600. She put $1,400 down and financed the rest with a 36-month, 8\% loan. What is her monthly car payment by formula? (Round your answer to the nearest cent.)

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