[Solved] 116. Used Motors will sell you a $16,000

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116. Used Motors will sell you a $16,000 car with financing for 48 months at an APR of 12%. Assuming interest compounds monthly, what is

116. Used Motors will sell you a $16,000 car with financing for 48 months at an APR of 12%. Assuming interest compounds monthly, what is your required monthly payment? Show calculations or calculator inputs

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