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Jessica purchased a machine for $45,000 using a 6 year loan at 7.80% compounded semi-annually. If the first payment was made one month from when

Jessica purchased a machine for $45,000 using a 6 year loan at 7.80% compounded semi-annually. If the first payment was made one month from when she purchased the machine, what is the size of the monthly payments?

Round to the nearest cent

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