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Suppose you wanted to buy a exist60,000 Hummer and you have 20,000 cash to use as the down payment. The bank offers to loan you

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Suppose you wanted to buy a exist60,000 Hummer and you have 20,000 cash to use as the down payment. The bank offers to loan you the reminder at 7% annual interest. The term of the loan is 20 years. Compute your monthly payment Select the value closest. 516.90 2124.75 344.60 310.12 465.18

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