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Joanne Rowling is borrowing $20,000 to buy a car. The terms of the loan call for monthly payments for 5 years at 18 percent interest.

Joanne Rowling is borrowing $20,000 to buy a car. The terms of the loan call for monthly payments for 5 years at 18 percent interest. What is the amount of each payment? $507.87 $412.76 O $431.69 $558.66 $474.86

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