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A car is purchased for $7,538.72 with $3,000 down and a loan to be repaid at $100 a month for 2 years followed by a

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A car is purchased for $7,538.72 with $3,000 down and a loan to be repaid at $100 a month for 2 years followed by a balloon payment. If the interest rate is 6% compounded monthly, how large will the balloon payment be? The balloon payment will be $ (Round to the nearest cent as needed) me

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