You want to buy a motorcycle for $12 comma 500 plus freight of $135 and other delivery charges of $225. You have already saved 35% of the total purchase price (including all charges) towards a down payment. The bank is willing to finance the remaining balance at 9.43% compounded quarterly. What is the size of your monthly payment if the loan is for 3.75 years. Question content area bottom Part 1 The monthly payment is $ enter your response here. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

You want to buy a motorcycle for $12 comma 500 plus freight of $135 and other delivery charges of $225. You have already saved 35% of the total purchase price (including all charges) towards a down payment. The bank is willing to finance the remaining balance at 9.43% compounded quarterly. What is the size of your monthly payment if the loan is for 3.75 years. Question content area bottom Part 1 The monthly payment is $ enter your response here. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)