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Hunan bought a car priced at $15,600 for 15% down and equal monthly payments for five years. If interest is 6% compounded monthly, what is
Hunan bought a car priced at $15,600 for 15% down and equal monthly payments for five years. If interest is 6% compounded monthly, what is the size of the monthly payment? The monthly payment is $0. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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