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Reza pays a car loan of $ 2 5 , 0 0 0 in monthly payments at the end of each month for three years
Reza pays a car loan of $ in monthly payments at the end of each month for three years at a nominal interest rate of per month. Find the monthly payments. What is the balance after the th payment? How much of the th installment payment is for principal?
Reza pays a car loan of $ in monthly payments at the end of each month for three years at a nominal interest rate of per month.
Find the monthly payments.
What is the balance after the th payment?
How much of the th installment payment is for principal?
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