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Question Help You make monthly payments on your car loan. It has a quoted APR of 5.7% (monthly compounding) What percentage of the outstanding principal

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Question Help You make monthly payments on your car loan. It has a quoted APR of 5.7% (monthly compounding) What percentage of the outstanding principal do you pay in interest each month? (Note: Be careful not to round any intermediate steps less than six decimal places) The percentage of the outstanding principal you pay in interest each month is % (Round to six decimal places) Enter your answer in the answer box 3 1127 PM

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