Problem 5-42 (similar to)

(Nonannual compounding using a calculator) Jesse Pinkman is thinking about trading cars. He estimates he will still have to borrow $30,000 to pay for his new car. How large will Jesse's monthly car loan payment be if he can get a 7 -year (84 equal monthly payments) car loan from the university's credit union at an APR of 7.6 percent compounded monthly?

Jesse's monthly car loan payment will be $___. (Round to the nearest cent.)