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Mike just bought a car. To do so , he borrowed $ 3 1 , 0 0 0 to be repaid over the next 5
Mike just bought a car. To do so he borrowed $ to be repaid over the next years with monthly payments and an annualized interest rate of Think about payment # How much of this payment will be interest? Enter your answer as a positive number in dollars and round to the nearest dollar.
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