Question: term? (Round your answer to two decimal places.) A Hummer H3 sells for $60,356.40 tax included. GMAC lends money at the rate of 4% APR.

term? (Round your answer to two decimal places.)
A Hummer H3 sells for $60,356.40 tax included. GMAC lends money at the rate of 4% APR. If you buy the car and borrow through GMAC, then what are the monthly (end-of-month) payments for a seven year term? (Round your answer to two decimal places.)
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