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2. You want to buy a $22,500 car. The company is offering a 4% interest rate for 5 years. a. What will your monthly payments
2. You want to buy a $22,500 car. The company is offering a 4% interest rate for 5 years. a. What will your monthly payments be? Round to the nearest cent. b. Assuming you pay that monthly amount for the entire 5 years, what is the total amount of money you will pay during those 5 years for the car? c. How much interest will you pay during those 5 years?
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