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You are about to purchase a new car, which will cost you $25,000 after taxes and fees. You are planning to pay a $5,000 down

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You are about to purchase a new car, which will cost you $25,000 after taxes and fees. You are planning to pay a $5,000 down payment and then take out a five-yea auto loan at an APR of 4.5%. You will make a monthly payment for next five years starting a month from today. How much is your loan payment each month? $372.86 $371.47 $297.86 $296.75 $466.08

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