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You are interested in purchasing a new automobile that costs $35,000. The dealership offers you a special financing rate of 6% (APR 0.5%) per month

You are interested in purchasing a new automobile that costs $35,000. The dealership offers you a special financing rate of 6% (APR 0.5%) per month of 48 months. Assuming that you do not make a down payment on the auto and you take the dealers financing deal, then your monthly payments would be closest to?

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