You want to buy a new sports car from Muscle Motors for $75,000. The contract is in the form of a 48-month annuity due at an APR of 7.1 percent.
What will your monthly payment be? Please answer to two decimal places. (answer is not 1799.45)
The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.