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BONUS: You are buying a new car. You purchase the car for $ 1 4 , 7 5 4 and make a down payment of

BONUS: You are buying a new car. You purchase the car for $

14, 754

and make a down payment of

20 % .

You take out a loan for the remaining balance at

3.9 %

annual interest for

6

years. What is your monthly payment?

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