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4. The couple will be financing the new vehicle. The dealership offers a loan for the $30 000 vehicle with the term of 5 years

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4. The couple will be financing the new vehicle. The dealership offers a loan for the $30 000 vehicle with the term of 5 years at 3.99% per year compounded monthly Determine the monthly payment for the five-year term and calculate the total interest paid on the loan Use the annuity formulas and calculate the monthly car payment by hand. (Rubric 1 Calculato the total cost of purchasing the new vehicle. (Rubric 1) Calculate the total interest paid on the loan (Rubric 1) Explain why the couple might want to consider weekly payments instead of monthly payments (Rubric 2)

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