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You recently borrowed 18,000 to buy a new car. You plan on making payments every month for 5 years until you repay the loan. If
You recently borrowed 18,000 to buy a new car. You plan on making payments every month for 5 years until you repay the loan. If the interest rate on your loan is 7.6%, What are your monthly payments? Submit your answer in dollars and round to two decimal places. (EX. $00.00).
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