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Mark has purchased a new car for $35,000. Since it is his first car purchase since graduating from college, he has to pay 9% compounded
Mark has purchased a new car for $35,000. Since it is his first car purchase since graduating from college, he has to pay 9% compounded monthly. Mark is paying $5000 in cash and financing the remainder of the purchase price for 7 years. How much are Marks monthly payments?
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