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Anton borrows $25,000 to purchase a car.His loan will be amortized over 5 years at a rate of 4.8%, compounded monthly.How much of the loan

Anton borrows $25,000 to purchase a car.His loan will be amortized over 5 years at a rate of 4.8%, compounded monthly.How much of the loan will he have paid off after 2 years?

a)$1,872

b)$9,351

c)$11,223

d)$15,649

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