Jin Johnson buys a five-year-old used Honda from JSH Auto Sales for $7,999. She puts $400 down and finances the rest through the car lot at 5.5%…

Jin Johnson buys a five-year-old used Honda from JSH Auto Sales for $7,999. She puts $400 down and finances the rest through the car lot at 5.5% add-on interest. She agrees to make thirty-six monthly payments. Find the size of each payment. (Round your answer to the nearest cent). Please show your work.

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