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Lets assume that Dr. Kim decides to purchase a car which is selling for $55,000 today . She needs to make a monthly payment for
Lets assume that Dr. Kim decides to purchase a car which is selling for $55,000 today. She needs to make a monthly payment for the next 6 years, with an annual interest rate of 6%. What will be the amount of her monthly car loan payment?
A. $932.08
B. $1,061.31
C. $911.51
D. $1,659.37
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