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Juan purchased a new automobile for $ 9 , 0 0 0 . Juan made a cash down payment of $ 2 , 2 5

Juan purchased a new automobile for $9,000. Juan made a cash down payment of $2,250 and agreed to pay the remaining balance in 30 monthly installments, beginning one month from the date of purchase. Financing is available at a 24% annual interest rate.
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Calculate the amount of the required monthly payment.

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