Billy Bob and family are planning on purchasing a vehicle for $44600 using a 4 year (48 months) fixed-rate loan from their local credit union.The loan rate offered to Billy Bob is 6.29%.Billy Bob will not make a down payment and finance the total cost.What will be Billy Bob's monthly payment(i.e. how much will his payment be each month for the next 48 months)?(Answer in $s to the nearest penny, format xxx.xx with no $ sign needed.)