You are planning to borrow $10,000 to buy a new car. The loan is being made to

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You are planning to borrow $10,000 to buy a new car. The loan is being made to you at 8.0 % (Eight Percent)Annual Percentage Rate ~ APR.

You will makemonthly payments for four years.

How much ofthe thirdmonthly payment will go to the payment ofprincipal?(The reduction of your debt.)

Posted Date: Jun 25, 2024 09:31 PM

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You are planning to borrow $10,000 to buy a new car. The loan is being made to

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