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You want to buy a new sports car from Muscle Motors for $81,000. The contract is in the form of a 60-month annuity due at

You want to buy a new sports car from Muscle Motors for $81,000. The contract is in the form of a 60-month annuity due at a 7.40 percent APR. What will your monthly payment be? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Monthly payment

$

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