Suppose capital one is advertising a 60-month 542 apr, Ask an Expert

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Suppose Capital One is advertising a 60?-month, 5.42% APR motorcycle loan. If you need to borrow $7,500 to purchase your dream? Harley-Davidson, what will be your monthly? payment?? (Note: Be careful not to round any intermediate steps less than six decimal? places.)

Your monthly payment will be $___________________.(Round to the nearest cent.)

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