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Gerritt wants to buy a car that costs $26,750. The interest rate on his loan is 5.33 percent compounded monthly and the loan is for
Gerritt wants to buy a car that costs $26,750. The interest rate on his loan is 5.33 percent compounded monthly and the loan is for 7 years. What are his monthly payments?
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Financial Markets and Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
8th edition
013342362X, 978-0133423624
