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A Hummer H3 sells for $96,000 tax included. GMAC lends money at the rate of 6.3% APR. If you buy the car and borrow through

A Hummer H3 sells for $96,000 tax included. GMAC lends money at the rate of 6.3% APR. If you buy the car and borrow through GMAC, then what are the monthly (end-of-month) payments for a 9-year term?

What is the amount of the monthly payment? $ ___(Round to the nearest cent.)

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