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Perry just bought a car using a $14,000 loan with an annual interest rate of 6%. The loan will be entirely paid-off in 60 months.

Perry just bought a car using a $14,000 loan with an annual interest rate of 6%. The loan will be entirely paid-off in 60 months. What are Perry's monthly payments? (Choose the closest answer) a. $247.33 b. $433.13 c. $270.66 d. $233.33 e. $866.26

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