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Use a calculator for this exercise. Suppose you purchase a car for a total price of $35,280, including taxes and license fee, and finance that

Use a calculator for this exercise. Suppose you purchase a car for a total price of $35,280, including taxes and license fee, and finance that amount for 6 years at an annual interest rate of 7%. (Round your answers to the nearest cent.)

(a) Find the monthly payment.

(b) What is the total amount of interest paid over the term of the loan?

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