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6. You are considering buying a car worth $30,000. The dealer offers you a financing package. You have to make a down-payment of $3,500, and

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6. You are considering buying a car worth $30,000. The dealer offers you a financing package. You have to make a down-payment of $3,500, and pay the rest over 5 years with annual payments. The dealer will charge you interest at an interest rate of 2%

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