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You borrow $33,057 today to buy a new car. You plan to make annual payments over a 5-year period. The bank has offered you a

You borrow $33,057 today to buy a new car. You plan to make annual payments over a 5-year period. The bank has offered you a 11.76% interest rate, compounded annually.

What is your annual payment amount?

Please round your answer to the second decimal without a dollar sign. E.g. 1234.56

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