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Question 19 (0.5 points) You have decided to buy a car and intend to finance $12,000 of the cost. As with many auto loans, you

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Question 19 (0.5 points) You have decided to buy a car and intend to finance $12,000 of the cost. As with many auto loans, you will be making equal monthly payments for 5 years (which is, incidentally, too long and will result in a lot of interest paid out). The APR is 17%, compounded monthly, what is the size of your monthly car payment? $247.56 $280.21 $298.49 $250.55

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