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( r n ) b . The price of a car is $ 2 1 , 0 0 0 . You have saved 2 5

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b. The price of a car is $21,000. You have saved 25% of the price as a down payment. After the down payment, the balance is financed with a 6-year loan with monthly payments at 8%. Determine the unpaid balance after three years.
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