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You spent $2,165 on Christmas gifts and put the purchases on your credit card. Your credit card has a 14.35% APR compounded monthly. If you

You spent $2,165 on Christmas gifts and put the purchases on your credit card. Your credit card has a 14.35% APR compounded monthly. If you want to pay off your credit card balance in 25 months, the first payment next month, how big are the monthly payments? Calculate your answer to two decimal places (e.g. 55.93)

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