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The Third National Bank of Haslett has agreed to give you a 4 year loan to buy a Dacia Sandero, priced at $12,000. The annual
The Third National Bank of Haslett has agreed to give you a 4 year loan to buy a Dacia Sandero, priced at $12,000. The annual interest rate is 9%. If the bank requires you to make a 10% down payment on the car, how much will your monthly payments be if you make the purchase?
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