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A heavy construction company plans to purchase a front loader with a price tag of $65,525. The company plans to finance the purchase with a

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A heavy construction company plans to purchase a front loader with a price tag of $65,525. The company plans to finance the purchase with a loan, The down payment is $20,323 and the loan stipulates uniform monthly payment at 3% annual percentage rate (APR) for 5 years. -What is the monthly payment

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