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Today, you purchase a car for $17,250. Your plan is to pay 20% down in cash, and finance the balance. What will be your monthly
Today, you purchase a car for $17,250. Your plan is to pay 20% down in cash, and finance the balance. What will be your monthly payment amount if the loan is for four years at 7.5 percent interest? A. $298.40 B. $321.150 C. $333.67 D. $380.24 E. None of the above
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