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You take a car loan for $35,000 that will be paid off in 24 monthly payments. The APR of the loan is 4% with monthly
You take a car loan for $35,000 that will be paid off in 24 monthly payments. The APR of the loan is 4% with monthly compounding. Your first payment is due one month from today. What is the amount of each monthly payment? O $1,514.82 O $1,588.23 O $1,524.94 $1,519.87 O $1,548.61
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