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Suppose Capital One is advertising a 60-month, 5.76% APR motorcycle loan. If you need to borrow $8,600 to purchase your dream Harley-Davidson, what will be
Suppose Capital One is advertising a 60-month, 5.76% APR motorcycle loan. If you need to borrow $8,600 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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