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The local car dealership is offering you the opportunity to purchase your dream car, a Porsche 911, for only $80,000. You would be able to

The local car dealership is offering you the opportunity to purchase your dream car, a Porsche 911, for only $80,000. You would be able to finance the entire purchase price for 10 years, making MONTHLY payments. The rate of interest on the loan is 13.9%. How much will the MONTHLY payment be?

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