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QUESTION 6 You are considering buying a new car costing $15,000. You wish to pay $2,000 down payment and finance the rest with a 3-

QUESTION 6 You are considering buying a new car costing $15,000. You wish to pay $2,000 down payment and finance the rest with a 3- year loan at annual interest rate of 12%, to be paid back with monthly payments. What are your monthly car payments? $316.67 $352.34 $276.21 $385.78 $431.79

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