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Payment questions im trying to learn on financial calculator Gerritt wants to buy a car that costs $27,750. The interest rate on his loan is

Payment questions im trying to learn on financial calculator

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Gerritt wants to buy a car that costs $27,750. The interest rate on his loan is 5.41 percent compounded monthly and the loan is for 6 years. What are his monthly payments? Multiple Choice 0 $4373 O $474.82 $461.59 O O $45221 0 $450.18 Your parents are giving you $225 a month for 4 years while you are in college. At an interest rate of .52 percent per month, what are these payments worth to you when you first start college? Multiple Choice 0 $12,231.44 $9,360.42 $9,059.04 $9,535.83 $9,217.97 0000 previous

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