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Mariam purchased a car for $21,500; she paid 20% of the cost as a down payment and financed the balance amount at 3.3% compounded monthly
Mariam purchased a car for $21,500; she paid 20% of the cost as a down payment and financed the balance amount at 3.3% compounded monthly for 5.5 years. a) What is the size of payment made at the end of every month to settle the loan? $
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