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Jane bought a car two years ago for $45,000, financed it with a 48-month loan at 3.6% p.a., and has made 24 of the 48
Jane bought a car two years ago for $45,000, financed it with a 48-month loan at 3.6% p.a., and has made 24 of the 48 payments.
- How much is her monthly loan payment?
- What is her outstanding loan balance?
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