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You are considering the purchase of a new car for $ 3 7 , 5 0 0 . You plan to make a down payment

You are considering the purchase of a new car for $37,500. You plan to make a down payment of $7,500 and borrow the rest on a 5-year loan at 6.6%. Based on this, what should you expect your monthly car payment to be? Round to the nearest cent, and enter a positive value. Do not include the dollar sign.
$ Blank 1. Fill in the blank, read surrounding text.

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