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Posted on Aug 12, 2024

A car costs $ 1 2 3 0 0 . You pay $ 2 4 6 0 down and finance $ 9 8 4 0

A car costs $

12300 .

You pay $

2460

down and finance $

9840

11.5 %

compounded monthly. Find the monthly payments rounded up to the next cent if the loan is for

4

years.

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