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You want to buy a new sports car from Muscle Motors for $ 4 0 , 0 0 0 . The contract is in the

You want to buy a new sports car from Muscle Motors for $40,000. The
contract is in the form of an annuity due for 60 months at an APR of 8.00
percent.
What will your monthly payment be?
Multiple Choice
$765.40
$821.80
$811.06
$789.57
$805.68
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