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1. What is the monthly payment on a 6-year $30,000 car loan with monthly payments? The annual interest rate is 3% 2. How much will

1. What is the monthly payment on a 6-year $30,000 car loan with monthly payments? The annual interest rate is 3%

2. How much will you have in 40 years if you invest $4,000 into a 401-K account at the beginning of each year for 40 years? Assume the investments in the 401-K earn 7% per year.

Please answer both, thanks!

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