\( \definecolor{colordef}{RGB}{249,49,84} \definecolor{colorprop}{RGB}{18,102,241} \)
Suppose Maria takes out a loan of \(\dollar 15\,000\) to buy a car. The loan has an interest rate of \(5.5\pourcent\) per annum, compounded monthly, and she agrees to repay the loan over 5 years.
Calculate the periodic (monthly) payment Maria needs to make using the TVM solver on your calculator.
dollars (round to the nearest integer)