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Nina buys a new sport utility vehicle for $36,000. She trades in her old truck and receives $10,000, which she uses as a down payment.
Nina buys a new sport utility vehicle for $36,000. She trades in her old truck and receives $10,000, which she uses as a down payment. She finances the balance at 5.5% APR over 36 months. Before making her 6th payment, she decides to pay off the loan. Answer parts a) through d) below
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