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Nicole wants to buy a $33,000.00 car. She is planning on making monthly payments of $900.00 for 3 years. The interest rate on the loan
Nicole wants to buy a $33,000.00 car. She is planning on making monthly payments of $900.00 for 3 years. The interest rate on the loan is 5% compounded monthly. How much will her down payment need to be to make this happen? Nicole down payment would be $________
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