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A car loan of $35,820 is amortized over 6 years by equal end-of-month payments at 2.99% compounded annually. What is the amount still owing after

A car loan of $35,820 is amortized over 6 years by equal end-of-month payments at 2.99% compounded annually. What is the amount still owing after 3 years?

a. $18,709.80

b. $34,450.50

c. $34,986.78

d. $18,701.10

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