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Suppose you agreed to pay $25,000 for a new car and you have $3,000 for a down payment. You take out a 4 year car

Suppose you agreed to pay $25,000 for a new car and you have $3,000 for a down payment. You take out a 4 year car loan for the remainder with a 3.5% annual interest rate. What is your monthly car payment? $558.90 $499.13 $491.83 $567.19 $550.15

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