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You want to buy a new sports car, but you won't be able to afford it for 5 years. You're looking at a model that
You want to buy a new sports car, but you won't be able to afford it for years. You're looking at a model that currently costs $ and the price is expected to rise by per year until you are ready to buy it in years. When you're ready to buy the car, the local bank will give you a year loan at an annual interest rate of with a down payment required. How much will the monthly payments be
ROUND THE PRICE OF THE CAR IN YEARS TO THE NEAREST DOLLAR, AND THEN ROUND YOUR FINAL ANSWER TO DECIMAL PLACES
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