You borrow $$9,000$ right now $($time $0)$ at an interest rate of $1\%$ per

month. You agree to begin repaying the loan in uniform monthly

payments spread over $4$ years $($there will be a total of $412$

payments$).$ The first payment is due at the end of month $14.$

Draw the cash flow diagram $($use the bank's perspective$).$

What is the amount of your monthly payment? Enter as XXX$.$XX

$($dollars and cents$).$