A metallurgist purchases a car for total cost including tax and license of $37,695.66. If the metallurgist obtains a 4-year loan at an annual interest rate of 4.6% compounded monthly, what is the...

Extracted text: A metallurgist purchases a car for total cost including tax and license of $37,695.66. If the metallurgist obtains a 4-year loan at an annual interest rate of 4.6% compounded monthly, what is the monthly car payment (in dollars)? (Round your answer to the nearest cent. See Example 1 in this section.) $