Question: (Nonannual compounding using a calculator) Jesse Pinkmanis thinking about trading cars. He estimates he will still have to borrow $30,000 to pay for his new

(Nonannual compounding using a calculator) Jesse Pinkmanis thinking about trading cars. He estimates he will still have to borrow $30,000 to pay for his new car How large wil Jesse's monthly car loan payment be if he can get a 5-year (60 equal monthly payments) car loan from the university's credit union at an APR of 8.5 percent compounded monthly? Jesse's monthly car loan payment will be $ (Round to the nearest cont.)

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