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Lisa plans to buy a Nissan for $30,000 after graduating from college. She plans to place a down payment of $2,500 and borrow $27,500 from

Lisa plans to buy a Nissan for $30,000 after graduating from college. She plans to place a down payment of $2,500 and borrow $27,500 from the dealer using a four-year loan, payable monthly at 4.99% APR. What are Lisa's monthly payments? What will be the balance on the loan after she has made12 monthly payments?

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