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You are considering buying a new car costing $19,000. You wish to pay $2,000 down payment and finance the rest with a 4-year loan at

You are considering buying a new car costing $19,000. You wish to pay $2,000 down payment and finance the rest with a 4-year loan at annual interest rate of 12%, to be paid back with monthly payments. What are your monthly car payments?

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