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Britney wants to purchase a sport car for $69 000. She planned to make a $5000 downpayment and then finance the remaining amount with a

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Britney wants to purchase a sport car for $69 000. She planned to make a $5000 downpayment and then finance the remaining amount with a loan at 996/a, compounded monthly. If the loan is 7 year term, her monthly payment is? (Answer is supposed to be $1030)

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