Question: ( Annuity payments ) Prof. Finance is thinking about trading cars. She estimates she will still have to borrow $ 3 0 , 0 0

(Annuity payments) Prof. Finance is thinking about trading cars. She estimates she will still have to borrow $30,000
to pay for her new car. How large will Prof. Finance's monthly car loan payment be if she can get a 7-year (84 equal
monthly payments) car loan from the VTech Credit Union at 8.2 percent APR? Use five decimal places for the monthly
percentage rate in your calculations.
The monthly payment of Prof. Finance will be $
(Round to the nearest cent.)
 (Annuity payments) Prof. Finance is thinking about trading cars. She estimates

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