Solve by using tables Table 12-1 and Table 12-2.
Jennifer Kaufman bought a used Toyota Prius for $16,500. She made a $3,500 down payment and is financing the balance at a particular bank over a 3 year period at 12% interest. As her banker, calculate what equal monthly payments (in $) will be required by Jennifer to amortize the car loan. (Round your answer to the nearest cent.)