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You want to buy a new sports car from Muscle Motors for $32,800. The contract is in the form of a 48-month annuity due at

You want to buy a new sports car from Muscle Motors for $32,800. The contract is in the form of a 48-month annuity due at a 7.25 percent APR. Required: What will your monthly payment be? (Do not include the dollar sign ($). Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Monthly payment $

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