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You want to buy a car, and a local bank will lend you $20,000. The loan will be fully amortized over 5 years (60 months),

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You want to buy a car, and a local bank will lend you $20,000. The loan will be fully amortized over 5 years (60 months), and nominal annual interest rate will be 6%. What will be the monthly loan payment? $295.78 $386.66 $444.89 $304.81 $275.75

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