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PLEASE HELP You want to buy a car, and a lecal bank will lend you $20,000. The loan will be fully amortiped over 5 yean
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You want to buy a car, and a lecal bank will lend you $20,000. The loan will be fully amortiped over 5 yean ( 60 monehs), and the nominal interest rate will be 10% with interest paid monthly, What will be the monthiv loan payment? What wis be the loan's EAft Do not round intermedate catculations. Found your answer for the monthly loan payment to the nearest cent and for EAR to two decimpl places. Monthly loan paymenti $ Eah Step by Step Solution
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