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Rage Layout References Review View bria 12 : Normal 1 No Spani. Heading 1 Heading 2 Title Change Open ple Select Editing Font Paragraph Question 5: Victor visited a Honda showroom one year ago to check 2020 CRV Sport car price was $41,000 everything included. The interest rate on offer that time was 2.99% monthly compounding for 5 years financing option. Victor had $7,000 down paym the purchase, but he didn't buy the CRV that time. Victor recognized car dealers are giving a lower interest rate these days. When he visited the same showroom today, Victor discovered the car's price is still the sam the interest rate decrease to 1.99% APR monthly compounding. Victor still have s be used as down payment for the car purchase. 1 Calculate the monthly payment if he buys today with 5 years financing, assuming no negotiation. 186 English Canada Document Mic Search Textbook

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