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1.You want to purchase a car that costs $25390. You can afford $1929 as a down payment and will borrow the rest. The bank has

1.You want to purchase a car that costs $25390. You can afford $1929 as a down payment and will borrow the rest. The bank has offered you a rate of 4.17% on a 4-year loan. What is your monthly payment?

2. You have accumulated $1210.33 in credit card debt. Your interest rate is 12.05% per year and you will pay it off in 55 months. what will be your monthly payment?

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