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K Suppose that you borrow $10,000 for three years at 6% toward the purchase of a car. Use PMT = to find the monthly payments
K Suppose that you borrow $10,000 for three years at 6% toward the purchase of a car. Use PMT = to find the monthly payments and the total interest for the loan. www The monthly payment is $. (Do not round until the final answer. Then round to the nearest cent as needed.) The total interest for the loan is $. (Use the answer from part (a) to find this answer. Round to the nearest cent as needed.) PA [ - ( + - - -]-nt
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