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Suppose Bill purchases a car and he is going to finance $14,600 for 48 months at an APR of 7.5% compounded monthly. Find the monthly

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Suppose Bill purchases a car and he is going to finance $14,600 for 48 months at an APR of 7.5% compounded monthly. Find the monthly payments on the loan. The monthly payment is $ (Do not round until the final answer. Then round to the nearest cent as needed.)

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