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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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