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Robin is going to buy a new car. She decides on a brand new Toyota FJ Cruiser that costs $28,000. The dealer accepts a trade
Robin is going to buy a new car. She decides on a brand new Toyota FJ Cruiser that costs $28,000. The dealer accepts a trade in for $3,000, and Robin puts an- other $2,000 as a down payment. What will the monthly installments be if the loan is 5 years at 2.9% annual interest compounded monthly
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