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4. (0/2 Points! DETAILS PREVIOUS ANSWERS TANFIN12 5.3.023 MY NOTES ASK YOUR TEACHER The price of a new car is $20,000. Assume that an individual

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4. (0/2 Points! DETAILS PREVIOUS ANSWERS TANFIN12 5.3.023 MY NOTES ASK YOUR TEACHER The price of a new car is $20,000. Assume that an individual makes a down payment of 25 toward the purchase of the car and secures financing for the balance at the rate of rear compounded monthly. (Round your answers to the nearest cent.) (a) What monthly payment will she be required to make the car is financed over a period of 6 months? Over a period of 48 months? 36 months 48 months $ (b) What will the interest charges be if she elects the 36- month plan? The 43-month plan? 36-month plans 48-month plan $ Need Help

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