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Hunan bought a car priced at $15,800 for 15% down and equal monthly payments for four years. If interest is 9% compounded monthly, what is
Hunan bought a car priced at $15,800 for 15% down and equal monthly payments for four years. If interest is 9% compounded monthly, what is the size of the monthly payment?
The monthly payment is $___?
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimals places as needed.)
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