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You obtain a 5 -year car loan with an initial balance of $40,000. The loan has an APR of 6% with monthly payments. How much

You obtain a 5 -year car loan with an initial balance of $40,000. The loan has an APR of 6% with monthly payments. How much is the monthly car payment assuming the first is due one month from today? $773.31 $79132 $949.59 $706.67

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