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Teagan wants to buy a new refrigerator. The refrigerator costs $1900. Teagan decides to finance the refrigerator for 36 months at an APR of 12.5%.

Teagan wants to buy a new refrigerator. The refrigerator costs $1900. Teagan decides to finance the refrigerator for 36 months at an APR of 12.5%. Determine Teagan's monthly payment. Round your answer to the nearest cent, if necessary.

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