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Auto Loans R Them loans you $34,000 for five years to buy a car. The loan must be repaid in 60 equal monthly payments. The

Auto Loans R Them loans you $34,000 for five years to buy a car. The loan must be repaid in 60 equal monthly payments. The annual interest rate on the loan is 8 percent. What is the monthly payment? Group of answer choices $500.92 $643.79 $689.40 $597.24

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