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Question 5 You bought a Tesla Model 3 for $ 4 7 , 8 7 7 and the auto loan is 6 0 - month

Question

5

You bought a Tesla Model

3

for $

47, 877

and the auto loan is

60 -

month fixed

rate loan with interest rate of

2.4 %

per year. What is your monthly payment?

(

Round to the nearest dollar.

)

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