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QUESTION 34 [Extra Credit Question) The salesperson offers, Buy this new car for $25,000 cash or, with appropriate down payment, pay $500 per month for

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QUESTION 34 [Extra Credit Question) The salesperson offers, "Buy this new car for $25,000 cash or, with appropriate down payment, pay $500 per month for 48 months at 8% interest." Calculate the appropriate" down payment. $1,000.00 $4,519.04 $5,127.24 $8,000 QUESTION 35 [Extra Credit Question) How many monthly payments remain to be paid on an 8% mortgage with a 30 year amortization and monthly payments of $733.76, when the balance on the loan reaches one-half of the $100,000 mortgage? Approximately 268 payments Approximately 180 payments Approximately 92 payments O Approximately 68 payments

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