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(II) Jamil is purchasing a new truck for $31,500. Jamil is making a $3,000 down payment, and he will make 60 monthly payments of $542
(II) Jamil is purchasing a new truck for $31,500. Jamil is making a $3,000 down payment, and he will make 60 monthly payments of $542 each. What are the total finance costs on this loan?
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