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You want to buy a car that costs $24,999. You have $3,000 to pay upfront as a down-payment, and you are considering a financing option
You want to buy a car that costs $24,999. You have $3,000 to pay upfront as a down-payment, and you are considering a financing option with a bank. If the bank charges 1.9% annual interest rate compounded daily, what would be your monthly payment for the 48-month financing period?
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