Before purchasing a used car, Cody Lind checked www. kbb. com to learn what he should offer for the used car he wanted to buy. Then he conducted a carfax. com search on the car he found to see if the car had ever been in an accident. The Carfax was clean so he
purchased the used car for $14,550. He put $1,300 down and financed the rest with a 36-month, 8,0% loan. What is his monthly car
payment by table lookup? (Use Table 14.2) (Do not round intermediate calculations. Round your answer to the nearest cent.)
Monthly payment