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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

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 A. $798 B. $639 C. $1,278 D. $1,118

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