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Chiara purchased a new natural gas barbecue for $ 2 , 4 5 0 and made a down payment that was 3 0 % of

Chiara purchased a new natural gas barbecue for $2,450 and made a down payment that was 30% of the purchase price. She financed the remaining balance for 9 months at an annual interest rate of 5.5% compounded monthly. What is Chiara's monthly payment? (Round your answer to the nearest cent.)

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