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You plan to buy a car which costs $ 25.700 today. You make a down payment of $ 3.598. For the remaining part, you will
You plan to buy a car which costs $ 25.700 today. You make a down payment of $ 3.598. For the remaining part, you will get a bank loan with 12 % interest rate and 2 years of maturity. The loan will be paid in equal monthly payments and the first payment will be made one month later. What will be your monthly equal payments
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