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A car loan from a finance company is originally to be repaid over 42 months, with payments of $548.3 at the end of each month.
A car loan from a finance company is originally to be repaid over 42 months, with payments of $548.3 at the end of each month. The car is sold after 30 months. How much must be repaid to the finance company at the time of sale if the interest rate is 9.1% pa. compounded monthly? ( Give your answer correct the nearest cent)
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