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Caroline Channing is buying her first car. She has worked very hard to save for a down payment while building her credit. The car she

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Caroline Channing is buying her first car. She has worked very hard to save for a down payment while building her credit. The car she wants costs $34,443. She will make a 10% down payment and her credit union has approved her for a 36 month installment loan at 2.94% to cover the rest. Identify the values to substitute into the monthly payment formula for Caroline's loan and calculate the monthly payment a. PV (to the nearest cent) - 30,998.7 b. i = .0294/12 CN- 36 d. PMT (to the nearest cent) 59.66

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