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Suppose Capital One is advertising a 6 0 - month, 5 . 9 9 % APR motorcycle loan. If you need to borrow $ 8

Suppose Capital One is advertising a $60 -$ month, $5.99 %$ APR motorcycle loan. If you need to

borrow $ $8, 000$ 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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