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23 Time Value of Money Calculations You recently bought a car, financing $23.000 of the purchase price. If the loan is for 5 years with

23 Time Value of Money Calculations You recently bought a car, financing $23.000 of the purchase price. If the loan is for 5 years with an 8% APR, what are your approximate monthly payments? $480 5383. $466. $384

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