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4. Question 4 Autoloans Corp. Ioans you $28,000 for four years to buy a car. The loan must be repaid in 48 equal monthly payments.

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4. Question 4 Autoloans Corp. Ioans you $28,000 for four years to buy a car. The loan must be repaid in 48 equal monthly payments. The annual interest rate an the loan is 4 percent. What is the monthly payment? O 5632.21 O $597.24 O $500.92 O $543.79

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