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If you take out an amortized loan for $24,000 at an interest rate of 8.1% for 8 years, what are the annual payments you'd have

If you take out an amortized loan for $24,000 at an interest rate of 8.1% for 8 years, what are the annual payments you'd have to make to pay it off?

Suppose you are buying a car for $26,000. You will make a 22% down payment and take out a loan for the rest. You are offered a 1.6% fixed rate loan for 9 years. How much will your monthly payments be?

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