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You want to buy a new car, and want to pay for the car over time. The car costs $62,273, and you want to

You want to buy a new car, and want to pay for the car over time. The car costs $62,273, and you want to pay for the car over 5 years. The dealership is offering a promotional interest rate of 3.41%. If you have to borrow the full amount of $62,273, how much would your monthly payment be? (Please enter your answer to the nearest penny.)

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