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Toni Torres wants to save $1,400 in the next two years to use as a down payment on a new car. If her bank offers

Toni Torres wants to save $1,400 in the next two years to use as a down payment on a new car. If her bank offers her 10% interest, what monthly payment would she need to make into an ordinary annuity to reach her goal? (Round your answer to the nearest cent.)

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