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Anthony Walker wants to purchase a Maserati Quattroporte sedan, which has an invoice price of $121,737 and a total cost of $129,482. Anthony plans to
Anthony Walker wants to purchase a Maserati Quattroporte sedan, which has an invoice price of $121,737 and a total cost of $129,482. Anthony plans to put down $31600 and will pay the rest by taking on a 6.54 percent five-year bank loan. What is the monthly payment on this auto loan?
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