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David purchased a car for $35,000. David paid a down payment of 10% in cash and financed the balance. The loan terms require monthly payments

David purchased a car for $35,000. David paid a down payment of 10% in cash and financed the balance. The loan terms require monthly payments for 5 years at an APR of 3.50%, compounded monthly. What is the amount of each monthly payment? A. $673.04 B. $573.04 C. $525.04 O D. $1,151.11

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