Discover a world of knowledge at Westonci.ca, where experts and enthusiasts come together to answer your questions. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

If the patient decided to pay the full amount back 1400 (principal plus interest) in equal monthly payments for 3 years, what would the monthly payment amount be? Round your answer to the nearest hundredth (cent).