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Posted on Aug 06, 2024

You want to buy a $25,000 car. The company is offering a 2.5% annual interest rate, compounded monthly, for 3 years with $0 down payment.

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You want to buy a $25,000 car. The company is offering a 2.5% annual interest rate, compounded monthly, for 3 years with $0 down payment. What will your monthly payments be? (Enter numeric answers to 2 decimal places.)

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