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The Shelby Cobra retails for $ 47 comma 684 47,684 (all taxesincluded). What are the monthly loan payments for the car if you make a

The Shelby Cobra retails for $47 comma 684

47,684 (all taxesincluded). What are the monthly loan payments for the car if you make a down payment of $4 comma 001

4,001, the term is 5

5 years and the APR is 6.5

6.5%? (Car loan payments are made at the end of eachmonth.)

What is the amount of the monthlypayment?

$

(Type a number to the nearestcent.)

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