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One dealer is selling the Nissan Leaf Hatchback for $26,200.00. Their finance company is offering a 36-month amortized loan at a rate of 2%. Assume

One dealer is selling the Nissan Leaf Hatchback for $26,200.00. Their finance company is offering a 36-month amortized loan at a rate of 2%. Assume a down payment of 16%.

What will the monthly payment be?

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