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The Shelby Cobra retails for $24.730 (all taxes included). What are the monthly loan payments for the car if you make a down payment of

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The Shelby Cobra retails for $24.730 (all taxes included). What are the monthly loan payments for the car if you make a down payment of $4,217, the term is 4 years and the APR is 5.5%? (Car loan payments are made at the end of each month.) What is the amount of the monthly payment? (Type a number to the nearest cent.)

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