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Derek borrows $37,083.00 to buy a car. He will make monthly payments for 6 years. The car loan has an interest rate of 5.29%. What
Derek borrows $37,083.00 to buy a car. He will make monthly payments for 6 years. The car loan has an interest rate of 5.29%. What will the payments be? Submit Answer format: Currency: Round to: 2 decimal places. Derek borrows $32,748.00 to buy a car. He will make monthly payments for 6 years. The car loan has an interest rate of 5.42%. After a 15.00 months Derek decides to pay off his car loan. How much must he give the bank? Submit Answer format: Currency: Round to: 2 decimal places. Derek decides to buy a new car. The dealership offers him a choice of paying $553.00 per month for 5 years (with the first payment due next month) or paying some amount today. He can borrow money from his bank to buy the car. The
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