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You decide to buy a new car, a new BMW 325, because you think you'll look hip driving it. The car cost $70,000, but you'll
You decide to buy a new car, a new BMW 325, because you think you'll look hip driving it. The car cost $70,000, but you'll only need to finance $62,500. You can finance it at 4.1% APR for 6 years. What will your monthly payments be?
Can you please Show how to calculate that in Excel with the Right Formula? Thank you!
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