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You have signed a lease to purchase agreement for a car. According to the lease contract, you will make an equal payment at the beginning

You have signed a lease to purchase agreement for a car. According to the lease contract, you will make an equal payment at the beginning of each month. The lease principal, at the beginning of the lease is $54,200. The duration of the lease is 7 years and the interest rate is 6% compounding monthly. How much ($) is your monthly payment?

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