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sebastian wants to buy a car worth R50 000 ( ignore deposit and registration costs) by financing it over 36 months. suppose that an interest

sebastian wants to buy a car worth R50 000 ( ignore deposit and registration costs) by financing it over 36 months. suppose that an interest rate of 20% per annum compounded monthly is charged. how much would he pay per month if he wants to make his first payment after six months

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