Jazmine blew a tire on her car while on vacation. The cost of a new tire was $200. Jazmine paid using her credit card that has a low interest rate of 3.1% compounded monthly. She cannot pay for the tire all at once but knows she can pay off the credit card in one year. With interest, find the total cost of the purchase of the tire if Jazmine makes equal monthly payments for exactly 1 year. (Assume she does not make other charges to the credit card in that time.) Round answers to the nearest cent.