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You are considering financing a new car which cost $48.999 with an amortized loan. Your bank offers a nominal rate of 7.200% for a 6

You are considering financing a new car which cost $48.999 with an amortized loan. Your bank offers a nominal rate of 7.200% for a 6 year loan with monthly payments. How much will each payment be? (Draw a cash flow diagram) $840.10

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