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Prof. Finance is thinking about trading cars. He estimates he will still have to borrow $ 25,000 to pay for his new car. How large
Prof. Finance is thinking about trading cars. He estimates he will still have to borrow $ 25,000 to pay for his new car. How large will Prof. Finances monthly car loan payment be if he can get a 5-year (60 equal monthly payments) car loan from the universitys credit union at 6.2%?
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