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Question 9 1 pts You are thinking of buying a new car for $30,000. You will borrow the money to buy the car, and payback

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Question 9 1 pts You are thinking of buying a new car for $30,000. You will borrow the money to buy the car, and payback the loan in annual payments over 5 years. If the interest rate is 11% per year, what is your payment amount? Round your answer to 2 decimals, for example 100.12

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