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You have decided to buy a car that costs $30.200. Since you do not have a big down payment, the lender offers you a loen

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You have decided to buy a car that costs $30.200. Since you do not have a big down payment, the lender offers you a loen with an APR of 6 23 percent compounded mornthiy for 5 yeers with the first monthly payment due today What is the amount of your loan payment O $50718 O $42800 O $584 05 O $58709 O $430 30

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