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You just purchased a new car and had to borrow $25,000. According to the financing arrangement, you must repay the loan via 5 years of

You just purchased a new car and had to borrow $25,000. According to the financing arrangement, you must repay the loan via 5 years of monthly payments at a nominal rate of 6%.How much are each of those monthly loan payments? A $508 B.$483 C.$514 D.$475 E. $494

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