Question
Michael wants to purchase a new car which costs $134598. Michael will pay a monthly installment over a period of 9 years after paying a downpayment of $12882. How much is each monthly installment? Round your answer off to the nearest thousand.
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Michael wants to purchase a new car which costs $134598. Michael will pay a monthly installment over a period of 9 years after paying a downpayment of $12882. How much is each monthly installment? Round your answer off to the nearest thousand.