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You are considering buying an antique car priced today at $25,000. The bank has offered you a loan to buy it. The loan is a

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You are considering buying an antique car priced today at $25,000. The bank has offered you a loan to buy it. The loan is a 4-year loan for which you will make quarterly payments (at the end of each quarter/end of each 3-months). The APR for the loan is 24%. How much is the quarterly payment? "Do not enter the $ sign. Round of to the nearest dollar (no decimals). DO NOT use commas to separate thousands. For example, if your answer is $4.058.77 then enter 4059 Your Answer: Answer Page 14 of 1

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