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Jamie purchased $40,500 of equipment for her business with financing provided by the seller. The seller used the add-on method to calculate Jamie's monthly payment

Jamie purchased $40,500 of equipment for her business with financing provided by the seller. The seller used the add-on method to calculate Jamie's monthly payment for the 6.5% 3-year loan. What are the monthly payment and finance charge for Jamie's loan? (Round your final answers to the nearest cent.)

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