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To purchase a car, Sarah took out a 6 0 - month loan for $ 3 1 , 5 0 0 with a 7 .

To purchase a car, Sarah took out a60-month loan for $31,500 with a 7.4% annual interest rate. After making 46payments, Sarah received a bonus from work and plans to use it to pay off the remaining balance. Calculate Sarah's monthly payment and the amount needed to pay off her loan.
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Part 1
Sarah's monthly payment is
enter your response here
(Round to the nearest cent.)
The amount needed to pay off this loan with
enter your response here payments remaining is
enter your response here.
(Round to the nearest cent.)

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