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You are borrowing $5,330 to buy a car. The terms of the loan call for monthly payments for 5 years at a 5.00 percent interest

You are borrowing $5,330 to buy a car. The terms of the loan call for monthly payments for 5 years at a 5.00 percent interest compounded monthly. What is the amount of each payment?

$98.75

$100.32

$100.58

$77.83

$78.38

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