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A new car is to be purchased at a price of $32,500. The dealership is offering a 2.75% APR for the time period of the

A new car is to be purchased at a price of $32,500. The dealership is offering a 2.75% APR for the time period of the loan.

b. What would the monthly payment be if the loan is for 6 years? SHOW YOUR WORK ON YOUR PAPER!

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