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Orestes purchases a patio set costing $2,430 by taking out an 12.5% add-on installment loan. The loan requires a 20% down payment and equal monthly

Orestes purchases a patio set costing $2,430 by taking out an 12.5% add-on installment loan. The loan requires a 20% down payment and equal monthly payments for 3 years. How much are Orestes monthly payments?

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