Question: Use a calculator for this exercise. Arrowood's Camera Store advertises a Canon Power Shot 3.34-megapixel camera for $500 , including taxes. If you finance the

Use a calculator for this exercise.

Arrowood's Camera Store advertises a Canon Power Shot 3.34-megapixel camera for$500, including taxes. If you finance the purchase of this camera for 1 year at an annual percentage rate of4.4%, find the monthly payment. (Round your answer to the nearest cent.)

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