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You are planning on buying a new car. You need to finance $42.500 for the purchase. The bank will lend you the money at 6.60%

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You are planning on buying a new car. You need to finance $42.500 for the purchase. The bank will lend you the money at 6.60% (compounded monthly) over five years. What are the monthly payments on the loan? $735,49 $10,254.58 O $854,55 O $833.55 $2,866.94

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