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2. (4 marks) Suppose you are considering taking out a loan to purchase a car. The lender offers you an APR of 6.5%, and the

image text in transcribed 2. (4 marks) Suppose you are considering taking out a loan to purchase a car. The lender offers you an APR of 6.5%, and the loan term is 3 years. The interest on the loan is compounded monthly. You would like to make payments weekly (52 weeks a year). If the car you want to buy costs $45,000, how much will your weekly payments be

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