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Gerritt wants to buy a car that costs $25,750. The interest rate on his loan is 5.25 percent compounded monthly and the loan is for

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Gerritt wants to buy a car that costs $25,750. The interest rate on his loan is 5.25 percent compounded monthly and the loan is for 6 years. What are his monthly payments? Multiple Choice $415.88 $438.58 $426.15 $417.69 $403.77

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