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You want to buy a $ 1 8 , 0 0 0 car. You can make a 1 0 % down payment, and will finance

You want to buy a $

18, 000

car. You can make a

10 %

down payment, and will finance the balance with a

5 %

interest rate for

36

months

(3

years

) .

What will your monthly payments be

?

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