Before purchasing a used car, Jim Myers checked www.kbb.com to leam 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 $14,550. She put $1,300 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.)