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Today Anita is buying a car and has a loan that requires her to make monthly payments of $374 for 4 years. If the interest
Today Anita is buying a car and has a loan that requires her to make monthly payments of $374 for 4 years. If the interest rate on the loan is 3.2 percent compounded monthly, what was the amount that she borrowed today? (Do not round any intermediate calculations. Round your final answer to 2 decimal places and enter it in the box below.)
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