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1 3 You have decided to buy a $ 2 0 , 0 0 0 car. The local bank, Loansforall Savings and Trust, is willing

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You have decided to buy a $20,000 car. The local bank, Loansforall Savings and Trust, is willing to give you a 4-year loan at an annual interest rate of 15%. A 10% down payment is required. What will your monthly payments be?
01:05:38
Multiple Choice
$500.95
$556.61
$482.89
$526.68
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