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Part II - Calculation Problems You want to buy a car that costs $30,000. Since you did not save any money to pay cash for

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Part II - Calculation Problems You want to buy a car that costs $30,000. Since you did not save any money to pay cash for it, you must finance it with a loan from the car dealer. The car dealer offers you a five-year loan at 7.5% APR. What are your monthly payments? (10 points)

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