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Question 1 5 ( 4 points ) You plan to buy a car that has a total drive - out cost of $ 3 0
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You plan to buy a car that has a total "driveout" cost of $ You will make a down payment of $ The remainder of the car's cost will be financed over a period of years. You will repay the loan by making equal monthly payments. Your quoted annual interest rate is with monthly compounding of interest. The first payment will be due one month after the purchase date. What will your monthly payment be
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