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Today, you are purchasing a new car for $25,000. You plan to put $2,000 down and finance the balance with a 5-year, 5.5 percent loan,

Today, you are purchasing a new car for $25,000. You plan to put $2,000 down and finance the balance with a 5-year, 5.5 percent loan, with monthly payments. What is the amount of each payment? Multiple Choice $420.23 $477.53 $439.33 5496,63 $458.43

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