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The pandemic is over, the price of gas has skyrocketed and you are in the market for electric vehicle. The price of the car is

The pandemic is over, the price of gas has skyrocketed and you are in the market for electric vehicle. The price of the car is $45,000 and the dealer is willing to provide financing with a 4-year loan, if you pay a down payment of 20%. The annual interest rate on the loan is 3.50%
What is the monthly payment on this loan?
Enter your answer as a positive number rounded to two decimals.

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