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You decide against purchasing a new car, and go for the used car instead. You find one for $6,000.00 and have a car loan with

You decide against purchasing a new car, and go for the used car instead. You find one for $6,000.00 and have a car loan with an APR of 4%. What is your payment if you are trying to pay the loan off in three years?

$177.14

$1,177.14

$117.74

$171.44

$271.34

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