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Gerritt wants to buy a car that costs $31,250. The interest rate on his loan is 5.69 percent compounded monthly and the loan is for

Gerritt wants to buy a car that costs $31,250. The interest rate on his loan is 5.69 percent compounded monthly and the loan is for 6 years. What are his monthly payments? Multiple Choice 35 $496.23 $539.01 $513.34 $524.44 $510.92

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