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Suppose a bank is advertising a 60-month, 5.14 % APR car loan. If you need to borrow $8,700 to purchase your dream car, what will

Suppose a bank is advertising a 60-month, 5.14 % APR car loan. If you need to borrow

$8,700 to purchase your dream car, what will be your monthly payment?

(Note: Be careful not to round any intermediate steps less than six decimal places.)

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