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Jan purchases a car for $23,000 using a 4-year (48 month) loan with a 7% interest rate compounded monthly. What is Jans monthly payment for

Jan purchases a car for $23,000 using a 4-year (48 month) loan with a 7% interest rate compounded monthly. What is Jans monthly payment for principal and interest? What is the loans effective annual rate? Of the first payment, how much will be paid in in interest and how much will be applied to principal

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