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Caroline wants to buy a $ 2 9 , 0 0 0 . 0 0 car. She is planning on making monthly payments of $

Caroline wants to buy a $29,000.00 car. She is planning on making monthly payments of $600.00 for 4 years. The interest rate on the loan is 4% compounded monthly. How much will her down payment need to be to make this happen?
Example: Caroline's down payment would be $____.

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