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Down Payment and Loan Payments. Lucas wants to buy a used car that will cost $5,300. How much will his monthly payment be if he

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Down Payment and Loan Payments. Lucas wants to buy a used car that will cost $5,300. How much will his monthly payment be if he puts $2,200 down and finances the remainder at 5% for two years? His monthly payment will be $ (Round to the nearest cent.)

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