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Question 3 Incorrect Mark 0.0 out of 1.0 P Flag question Robert Smith purchased a used car for $14,000. To pay for his purchase, he

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Question 3 Incorrect Mark 0.0 out of 1.0 P Flag question Robert Smith purchased a used car for $14,000. To pay for his purchase, he borrowed $10,500 from a local bank at 12%. The loan requires that Robert repay the loan by making 36 monthly payments. How much will Robert have to pay each month to repay the loan? Use Excel or a financial calculator for the computations. Round your answer to the nearest dollar. $ 410 Check

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