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John buys a car at a total cost of $432,000. He finances this with a five-year loan at 7.80% APR with monthly payments. After he

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John buys a car at a total cost of $432,000. He finances this with a five-year loan at 7.80% APR with monthly payments. After he has made the first 20 payments, how much is the outstanding principal balance on his loan? A) $244, 965 B) $428, 689 C) $306, 206 D) $612, 412

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