Question: This test: 50 point(s) possible @ Test: MATH1... Question 12 of 15 Submit test This question: 4 point(s) possible Hunan bought a car priced at

 This test: 50 point(s) possible @ Test: MATH1... Question 12 of

This test: 50 point(s) possible @ Test: MATH1... Question 12 of 15 Submit test This question: 4 point(s) possible Hunan bought a car priced at $16,200 for 15% down and equal monthly payments for four years. If interest is 8% compounded monthly, what is the size of the monthly payment? The monthly payment is $El. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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