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After graduating from college and securing your first job in your field of study, you need to purchase a new car. You are looking at
After graduating from college and securing your first job in your field of study, you need to purchase a new car. You are looking at a Tesla Model X which is priced at $95000. You are able to make a 2.00% down payment at signing and will finance the remaining balance with a 5 year loan. If the interest rate is 5.50%, what is the monthly payment, assuming you'll make the car payment at the end of every month
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