Question: Eric Invested $22,000 in a five year regular-interest GIC eaming 4.5% payable monthly. What is each monthly interest paymene Do not round the Intermediate calculations.

Eric Invested $22,000 in a five year regular-interest GIC eaming 4.5% payable monthly. What is each monthly interest paymene Do not round the Intermediate calculations. Round your answer to the nearest cent) Monthly interest payment

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