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Sams Auto Repairs Inc. borrowed $5901 to be repaid by monthly payments over 14 years. Interest on the loan is 4.96% compounded semi-annually. (*Hint: General

Sams Auto Repairs Inc. borrowed $5901 to be repaid by monthly payments over 14 years. Interest on the loan is 4.96% compounded semi-annually. (*Hint: General Annuity)

Compute the equal monthly payment.

Round your answer to 2 decimal places. Do not enter the dollar sign. Sample input: 124.34

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