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Pro.Finance is thinking about trading cars. She estimates she will still have to borrow $ 2 1 , 0 0 0 to pay for her

Pro.Finance is thinking about trading cars. She estimates she will still have to borrow $

21, 000

to pay for her new car. How large will Pro.Finances monthly car loan payment be if she can get a

5

year

(60

equal monthly payments

)

car loan from the VTech Credit Union at

7.8 %

APR?

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