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The formula for the monthly payment on a $13,0005 year car loan is =PMT (13000,9.5%/12,60) if * the yearly interest rate is 9.5% compounded monthly.

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The formula for the monthly payment on a $13,0005 year car loan is =PMT (13000,9.5%/12,60) if * the yearly interest rate is 9.5% compounded monthly. Select one: True False QC Calculate the monthly payment of a $100,000 mortgage for 15 years at 8% APR, compounded monthly. Select one: A. 949.32 B. 287.07 C. 955.65 D. 288.99

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