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Len is looking at purchasing a car. The dealer has quoted a price of $21,000 for a new car. In addition, his bank has quoted
Len is looking at purchasing a car. The dealer has quoted a price of $21,000 for a new car. In addition, his bank has quoted a car loan interest rate of 2.9%. If Len takes out a 5 year loan, what would his monthly payment be on tihs loan?
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