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An individual borrowed $25,000 to buy a car. The bank charges interest at a 6.25% interest rate. The loan is for 5 years and payments

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An individual borrowed $25,000 to buy a car. The bank charges interest at a 6.25% interest rate. The loan is for 5 years and payments are made monthly. How much are the monthly payments? If an individual borrowed $25,000 to buy a car; interest was at a rate of 6.25% and the loan was for five years, payable monthly, how much will the individual owe the bank after 3 years

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