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You plan to purchase a Subaru, worth of $30,000. You will: make a down payment of $3,000 today; take a 5-year loan that requires monthly

You plan to purchase a Subaru, worth of $30,000. You will: make a down payment of $3,000 today; take a 5-year loan that requires monthly payments and has an APR of 3%; make equal monthly payments and the first payment will be due next month. What will your monthly payment be? $975.59 $450.00 $539.06 $485.15

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