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Jane is buying a new sports car for $ 8 6 , 0 0 0 . The dealer is providing financing at an annual rate

Jane is buying a new sports car for $86,000. The dealer is providing financing at an annual rate of 8% using
the add-on method. If Jane wants to pay off the car in 3 years, what will her monthly payment be?
Her monthly payments are $
(Round to the nearest cent.)
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