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You have begun a new career at an EV manufacturer and you need to borrow $100,000 to buy a Tesla Model X. The current loan

image text in transcribed You have begun a new career at an EV manufacturer and you need to borrow $100,000 to buy a Tesla Model X. The current loan rate is 10% APR and is compounded monthly and you want to pay the loan off in equal monthly payments over 4 years. What is the size of your monthly payment? $1,268$2,536$735.66$508$1,750

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