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Question 14 You want to buy a $14,600 car and the dealer offers you a 5-year loan with an 5.15% APR and no down payment
Question 14
"You want to buy a $14,600 car and the dealer offers you a 5-year loan with an 5.15% APR and no down payment required - Assuming monthly compounding, what will the monthly payments be?"
$276.52 | ||
$790.76 | ||
$243.33 | ||
$255.87 | ||
$681.33 | ||
$246.53 | ||
$415.72 |
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