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You want to buy a new car from United Motors for $ 6 4 , 0 0 0 . The contract is to pay $

You want to buy a new car from United Motors for $

64, 000 .

The contract is to pay $

4000

in cash and the remaining in the form of a

? 60 -

month annuity due payments at an APR of

6

percent. What will your monthly payment be

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