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You are considering buying a new car. The sticker price is $15,000 and you have $2,000 to put toward a down payment. If you can

You are considering buying a new car. The sticker price is $15,000 and you have $2,000 to put toward a down payment. If you can negotiate a nominal annual interest rate of 10 percent and you wish to pay for the car over a 5-year period, what are your monthly car payments?

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