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You buy a $65000 car by first putting 20% down and taking out a loan for the rest, borrowing at 3.1% APR for 5 years.
You buy a $65000 car by first putting 20% down and taking out a loan for the rest, borrowing at 3.1% APR for 5 years. What should be your monthly payment? What will be the total interest paid? monthly payment___________________ total interest___________________
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