Question: Hang Yo bought a treadmill for $800. He made a 20 % down payment and financed the rest over 12 months. Find the monthly payment

Hang Yo bought a treadmill for $800. He made a 20 % down payment and financed the rest over 12 months. Find the monthly payment if the finance charge was 3 % of the amount financed. Round the answer to the nearest cent.

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