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Suppose Capital One is advertising a 6 0 - month, 5 . 5 4 % APR motorcycle loan. If you need to borrow $ 7

Suppose Capital One is advertising a 60-month, 5.54% APR motorcycle loan. If you need to borrow $7,700 to
purchase your dream Harley-Davidson, what will be your monthly payment? (Note: Be careful not to round any
intermediate steps less than six decimal places.)
Your monthly payment will be $.(Round to the nearest cent.)
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