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You want to buy a car, and a local bank will lend you $10,000.The loan will be fully amortized over 5 years (60 months), and

You want to buy a car, and a local bank will lend you $10,000.The loan will be fully amortized over 5 years (60 months), and thenominal interest rate will be 8% with interest paid monthly. Whatwill 2 answers

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