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( F 6 ) You want to jump on the electric car trend and purchase a Tesla Model S , $ 6 9 , 4

(F6) You want to jump on the electric car trend and purchase a Tesla Model S, $69,420 according to
motortrend.com. In order to do so, you decide to borrow $15,000 via a 5 year loan at 3.2% compounded monthly. Determine the monthly payments you must make to pay off this loan. (Round up to the nearest dollar.)
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