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What is the cost to purchase the following car? Down payment: $ 3,000 Monthly loan payment: $ 350 /mo Loan term: 6 years Lost interest

What is the cost to purchase the following car?

Down payment:

$ 3,000

Monthly loan payment:

$ 350
/mo
Loan term:


6
years
Lost interest on down payment:
2%

Estimated value at end of loan term:
$ 4,000






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