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Joe bought a car 1 year ago for $ 2 0 , 0 0 0 . He gave 1 0 % of the purchase price

Joe bought a car 1 year ago for $20,000. He gave 10% of the purchase price as a down payment. He borrowed the difference at a 6% annual rate for five years.
He will be making monthly payments. If Joe is offered $6,000 at the end of three years should he accept this offer?

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