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calculate the payments Car Loan 1: Purchase Price = $25,000 Number of Months = 72 Annual Interest Rate = 6% Car Loan 2: Purchase Price

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Car Loan 1: Purchase Price = $25,000 Number of Months = 72 Annual Interest Rate = 6% Car Loan 2: Purchase Price = $15,000 Number of Months = 48 Annual Interest Rate = 8% Car Loan 3: Purchase Price = $47,000 6 Year loan with quarterly payments Annual Interest Rate = 4.8%

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