Robert just bought a car for $41,386 that he financed with a loan. The loan requires equal monthly installment payments at the end of each month for the next 7 years. The loan has an interest rate of 6.34% APR. How much must Robert pay each month if he makes his first payment in one month?

Answer Format: INCLUDE ONLY NUMBERS AND DECIMALS IN YOUR ANSWER. Do not include "$" "," or any other formatting. Carry interim computations to at least 4 decimals. Enter numerical answers as a positive number rounded to 2 decimal places (###.##)