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Emily borrowed $ 1 0 9 , 7 0 0 for eight years at an annual rate of 6 . 2 0 % to buy

Emily borrowed $109,700 for eight years at an annual rate of 6.20% to buy a car. What is Emily's monthly car payment?(HINT: Solve the equal monthly payment. 6.20% is an annual rate, and there are 12 months in a year.)
$1,142.71
$1,452.32
$1,848.98
$1,682.58
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