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Ankur want to buy to use Land Rover for $ 3 8 , 9 0 0 . His bank requires a 1 0 % down
Ankur want to buy to use Land Rover for $ His bank requires a down payment is charging
interest for a year loan compounded monthly.
a How much is the down payment?
of
$
b How much is the amount of the loan?
$
c Find the monthly payment for the loan.
$
d If Ankur makes all the payments, what is the total interest paid on the loan?
$
e What is the total amount paid for the car? All payments plus down payment
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