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You buy a car for $50,000, and your first monthly payment reduces the principal balance of your loan to $49,245.84. What is the possible amount
You buy a car for $50,000, and your first monthly payment reduces the principal balance of your loan to $49,245.84. What is the possible amount of the principal reduction that takes place as a result of your second monthly payment?
a. $756.67
b. $750.22
c. $752.60
d. $754.16
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