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(1-2) After a small down payment and paying for the tax, title, and license for your new vehicle, you borrow $13,000 for a new car.

(1-2) After a small down payment and paying for the tax, title, and license for your new vehicle, you borrow $13,000 for a new car. You amortize the debt with monthly payments for 4 years at an annual interest rate of 6.5%, compounded monthly. 4 1. What is your monthly payment for the loan? Using Ti-84 Calculator.
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