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You borrow $14,500 to buy a car. The terms of the loan call for monthly payments for 6 years at a 6.9 percent rate of
You borrow $14,500 to buy a car. The terms of the loan call for monthly payments for 6 years at a 6.9 percent rate of interest. What is the amount of each payment?
Question options:
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| $238.87
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| $240.27
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| $246.51
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| $249.08
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| $252.50 |
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