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. Imagine you hit it big in the lottery and the first thing you do is go out and buy a 2021 Porsche Panamera GTS

. Imagine you hit it big in the lottery and the first thing you do is go out and buy a 2021 Porsche Panamera GTS Sport for $125,000 (FYI: carmine red). You plan to finance your sweet ride over 7 years by making 84 equal monthly payments. If the monthly interest rate is 0.5 percent (which means the APR on the loan is 6%), what will be the monthly payment on your new $125,000 Porsche (that is, find C)?

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