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You want to buy a new sports car for $55,000 and you make $5000 down payment. The contract is in the form of a 60-month

You want to buy a new sports car for $55,000 and you make $5000 down payment. The contract is in the form of a 60-month annuity at an APR of 6 percent, compounded monthly. What will be your monthly payment? O $1,047.90 O $1,088.01 O $992.18 O $1,063.30 O $$966.64

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