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Susan purchases a new car for $13,000 plus 12 percent taxes has no down payment SHe takes out a four year, 7.5% interest loan to
Susan purchases a new car for $13,000 plus 12 percent taxes has no down payment SHe takes out a four year, 7.5% interest loan to purchase the car. Using the following chart, show how the first year of payments are looking to pay off the loan.
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