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7. You want to buy a new sports coupe for $65,000, and the finance office at the dealership has quoted you a 6 percent APR

7. You want to buy a new sports coupe for $65,000, and the finance office at the dealership has quoted you a 6 percent APR (annual percentage rate) loan for 60 months to buy the car. What will your monthly payments be? (15 points)

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