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Suppose that a new car costs $13,000. The dealer offers $4000 for a trade-in with a down payment of $1000. What will the monthly installments

Suppose that a new car costs $13,000. The dealer offers $4000 for a trade-in with a down payment of $1000. What will the monthly installments be if the loan is for 4 years at 12% annual interest compounded monthly

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