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Rene purchased a new car for $28,000. She was allowed $8,000 for her trade in and financed the remainder over 60 months at a rate
Rene purchased a new car for $28,000. She was allowed $8,000 for her trade in and financed the remainder over 60 months at a rate of 3.99% per year. How much is her monthly payment?
| A | $449.11 | |
| B | $368.24 | |
| C | $339.28 | |
| D | $413.18 |
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The Concepts And Practice Of Mathematical Finance
Authors: Mark S. Joshi
2nd Edition
0521514088, 9780521514088
