On April $1,2021,$ John Vaughn purchased appliances from the Acme Appliance Company for $$2,400.$ In order to increase sales, Acme

allows customers to pay in installments and will defer any payments for six months. John will make $18$ equal monthly payments,

beginning October $1,2021.$ The annual interest rate implicit in this agreement is $24\%.($FV of $$1,PV$ of $$1,$FVA of $$1,$PVA of $$1,$ :FVAD of:

$$1$ and PVAD of $$1)($Use appropriate factor$($s$)$ from the tables provided.$)$

Required:

Calculate the monthly payment necessary for John to pay for his purchases. $($Do not round intermediate calculations. Round your

final answer to nearest whole dollar amount.$)$