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Guidance on how to solve this You take out a car loan for $37,000 at a 6% annual interest rate for 60 months of equal
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You take out a car loan for $37,000 at a 6% annual interest rate for 60 months of equal payments. You decide to pay off the loan on the 30th month. What is your final payment (principal and interest)? Give your answer in dollars but do not type in a dollar signStep by Step Solution
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