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Consider an auto loan at a rate of 3.5% compounded monthly. You purchase the vehicle for $15,999. What is the payment required to pay the
Consider an auto loan at a rate of 3.5% compounded monthly. You purchase the vehicle for $15,999. What is the payment required to pay the car off in 5 years? Round payment to the nearest cent, for example, a payment of 145.34
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