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You are considering buying a new car. The sticker price is $20,000 and you have $4,000 to put toward a down payment. If you can

You are considering buying a new car. The sticker price is $20,000 and you

have $4,000 to put toward a down payment. If you can negotiate a nominal annual interest rate of 6 percent and you wish to pay for the car over a 4-year period, what are your monthly car payments? How do I solve this in Excel?

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