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You are interested in purchasing a new automobile that costs $34,000. The dealership offers you a special financing rate of 6% APR (0.5%) per month

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You are interested in purchasing a new automobile that costs $34,000. The dealership offers you a special financing rate of 6% APR (0.5%) per month for 48 months. Assuming that you do not make a down payment on the auto and you take the dealer's financing deal, then your monthly car payments would be closest to: O A. $639 OB. $1,118 O C. $798 OD. $1,278

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