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Part 1 Bob bought a new car for $32,000 with a loan that will be amortized over 6 years. The best interest rate he got
Part 1
Bob bought a new car for
$32,000
with a loan that will be amortized over
6
years. The best interest rate he got from his bank for the loan was
2.49
percent compounded annually. What is Bob's monthly car payment?
Question content area bottom
Part 1
A.
$515.12
B.
$478.53
C.
$422.74
D.
$412.8
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