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2 ) Tasha borrowed $ 1 1 , 0 0 0 to purchase a new car at an annual interest rate of 6 . 7

2) Tasha borrowed $11,000 to purchase a new car at an annual interest rate of 6.7%. She is to pay it back in equal monthly payments over a 4 year period.a) What is the monthly payment? b) After making 2 years of payments how much is still left to pay, what is the remaining balance?

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