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You borrow $21,800 to purchase a nice car. The loan term calls for monthly payments for five years at 7.25% annual interest. What will be
You borrow $21,800 to purchase a nice car. The loan term calls for monthly payments for five years at 7.25% annual interest. What will be your monthly payment?
a) $444.64
b)$391.64
c)$454.16
d)$434.24
e)$401.64
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