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Suppose that you decide to buy a car for $29,635, including taxes and license fees. You saved $9000 for a down payment PA and
Suppose that you decide to buy a car for $29,635, including taxes and license fees. You saved $9000 for a down payment PA and can get a five-year car loan at 6.19%. Use PMT = to find the monthly payment and the total interest 1 for the loan.
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