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You are borrowing $5,660 to buy a car. The terms of the loan call for monthly payments for 3 years at a 5.00 percent interest

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You are borrowing $5,660 to buy a car. The terms of the loan call for monthly payments for 3 years at a 5.00 percent interest compounded monthly. What is the amount of each payment? Multiple Choice $145.50 $187.55 $184.03 $169.64 $146.05

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