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Five months ago, Ryan took a 5 - year car loan that has a monthly payment of $ 6 6 3 , and he has

Five months ago, Ryan took a

5 -

year car loan that has a monthly payment of $

663,

and he has

55

months left on the loan. The initial loan amount was $

33, 000 .

What was the loan

s APR? What is the current balance of the loan? Should he keep this loan to the full term?

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