Uvaldo is looking to purchase a new car and finds one whose total cost, including tax and license, is $42,099.82. Uvaldo owes $9,254.87 on his current car and secures a 5-year loan that combines the cost of the new car and the amount he owes on his current car. The annual interest rate on the new loan is 3.875%. What are Uvaldo's monthly payments o

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Uvaldo is looking to purchase a new car and finds one whose total cost, including tax and license, is $42,099.82. Uvaldo owes $9,254.87 on his current car and secures a 5-year loan that combines the cost of the new car and the amount he owes on his current car. The annual interest rate on the new loan is 3.875%. What are Uvaldo's monthly payments on the new car?

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