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You borrow $6,730 to buy a car. The terms of the loan call for monthly payments for 5 years a rate of interest of 6
You borrow $6,730 to buy a car. The terms of the loan call for monthly payments for 5 years a rate of interest of 6 percent. What is the amount of each payment?
a. $124.93
b. $96.46
c. $123.45
d. $95.91
e. $130.11
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