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You just purchased a car and signed a bank loan. According to the contract, you make an equal payment at the end of each month.

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You just purchased a car and signed a bank loan. According to the contract, you make an equal payment at the end of each month. You borrowed $35,500 to be repaid over 6 years. The interest rate is 9%, compounding monthly. How much ( $ ) is your monthly payment? Select one: a. $657.93 b. $639.91 c. $587.25 d. $678.98 e. $674.65

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