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A 30,000 car loan is made at an interest rate of 6%, with monthly payments of $912.66. What is the balance on the loan at

A 30,000 car loan is made at an interest rate of 6%, with monthly payments of $912.66. What is the balance on the loan at the end of the third month? $28,491 $25,457 $27,260 $27,701 none of these

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