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You purchased a new car for $37,000 by making a $10,000 down payment and borrowing the remainder at an annual rate of 9.75 percent for

You purchased a new car for $37,000 by making a $10,000 down payment and borrowing the remainder at an annual rate of 9.75 percent for five years.What is your monthly payment?

A. $498

B. $451

C. $406

D. $570

E. $475

F. $546

G. $428

H. $522

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