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The Shelby Cobra retails for $ 47 comma 684 47,684 (all taxesincluded). What are the monthly loan payments for the car if you make a
The Shelby Cobra retails for $47 comma 684
47,684 (all taxesincluded). What are the monthly loan payments for the car if you make a down payment of $4 comma 001
4,001, the term is 5
5 years and the APR is 6.5
6.5%? (Car loan payments are made at the end of eachmonth.)
What is the amount of the monthlypayment?
$
(Type a number to the nearestcent.)
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