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y Evans: Attempt 1 Question 13 (0.2 points) Your bank offers you a 36-month, 3% APR car loan for a $52000 new Mercedes SLK300 Roadster.
y Evans: Attempt 1 Question 13 (0.2 points) Your bank offers you a 36-month, 3% APR car loan for a $52000 new Mercedes SLK300 Roadster. What will your monthly payment be? Your Answer: Answer View hint for Question 13 Question 14 (0.2 points) The remaining balance on an amortized loan is paid down evenly over the life of the loan. For example, if you borrow $20,000 today on a 60-month amortized loan then your remaining balance reduces by 20,000/60-$333.33 each month. Print folio Download
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