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Question 1 You want to buy a $52,850 car and the dealer offers you a 4-year loan with an 2.35% APR and no down payment

Question 1

"You want to buy a $52,850 car and the dealer offers you a 4-year loan with an 2.35% APR and no down payment required - Assuming monthly compounding, what will the monthly payments be?"

"$1,340.90 "

"$1,154.68 "

"$1,847.99 "

"$1,101.04 "

"$1,126.92 "

"$1,708.43 "

"$1,106.33 "

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