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Danielle secured a 5 - year car loan at 5 . 9 0 % compounded annually that required him to make payments of $ 8

Danielle secured a

5 -

year car loan at

5.90 %

compounded annually that required him to make payments of $

882.47

at the beginning of each month. Calculate the cost of the car if he made a downpayment of $

1, 250 .

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