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A car costing $ 6 3 0 8 3 is purchased with a 2 5 % down payment and further payments of X at the

A car costing $ 63083 is purchased with a 25% down payment and further payments of X at the end of every month for 10 years. The annual nominal interest rate is 11% convertible monthly. Calculate X.
a.
$625.66
b.
$578.26
c.
$555.13
d.
$651.73
e.
$638.69

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