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The price of a car is $32,000. You have saved 10% of the price for a down payment and will finance the balance with a

The price of a car is $32,000. You have saved 10% of the price for a down payment and will finance the balance with a 5-year loan at 8%. a.) Find the amount of the monthly payment. b.) What is the unpaid balance on the loan after 3 years? c.) How much will you have saved by paying off the loan early?

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