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You are borrowing $5,310 to buy a car. The terms of the loan call for monthly payments for 3 years at a 6.00 percent interest
You are borrowing $5,310 to buy a car. The terms of the loan call for monthly payments for 3 years at a 6.00 percent interest compounded monthly. What is the amount of each payment? Multiple Choice $170.09 $173.29 $161.54 $134.44 $134.99
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