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Suppose you want to buy a car that costs $44,000. If the dealer is offering 100% financing at 7.5% APR compounded monthly for a 5
Suppose you want to buy a car that costs $44,000. If the dealer is offering 100% financing at 7.5% APR compounded monthly for a 5 year loan, what would be the monthly payment? (Answer to the nearest penny)
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