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John borrows $30,000 to buy a new car from a local bank with 0.55% interest rate per month (you don't need to d rate conversion).

John borrows $30,000 to buy a new car from a local bank with 0.55% interest rate per month (you don't need to d rate conversion). He agrees to pay off the loan in 36 equal end-of-month payments . The ...

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