Fatima wants to buy a boat that is available at two dealerships. The price of the boat is the same at both dealerships. Middlefield Motors would let her make quarterly payments of 3,320 dollars for 8 years at a quarterly interest rate of 1.48 percent. Her first payment to Middlefield Motors would be due in 3 months. If Fairfax Boats would let her make equal monthly payments for 5 years at a monthly interest rate of 1.03 percent and if her first payment to Fairfax Boats would be today, then how much would each monthly payment to Fairfax Boats be?