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You are looking to purchase a used Audi from Audi of Carlsbad. The car you wish to purchase costs $18,000. Your bank has agreed to
You are looking to purchase a used Audi from Audi of Carlsbad. The car you wish to purchase costs $18,000. Your bank has agreed to lend you the money but you must put 1/3 of the purchase price down. The rate on the loan is 3% and it is for four years. What is the monthly payment?
Group of answer choices
$325.05
$375.61
$265.61
$200.83
None of the above
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