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Two years ago, you took out a $ 4 8 , 0 0 0 car loan to purchase a new vehicle. The loan was for

Two years ago, you took out a $48,000 car loan to purchase a new vehicle. The loan was for 5 years with a stated interest rate of 6.6% APR (monthly compounding) and required monthly payments.What is the monthly payment associated with this car loan assuming the first payment was due one month after loan origination?(2 Points)

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