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Assume that you borrow OMR20,000 to purchase a new automobile and that you finance it with a four-year loan at the most recent interest rate

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Assume that you borrow OMR20,000 to purchase a new automobile and that you finance it with a four-year loan at the most recent interest rate given in the database 4.2% ). If you make one payment per year for four years, what will the yearly payment be? What is the total amount that will be paid out on the 50)x OMR20,000 loan? 2214082255334fout=22132

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