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You want to buy a new sports car from Muscle Motors for $ 4 2 , 0 0 0 . The contract is in the

You want to buy a new sports car from Muscle Motors for $42,000. The contract is in the form of an annuity due for 36 months at an APR of 9.50 percent.
What will your monthly payment be?
Multiple Choice
$1,345.38
$1,361.51
$1,268.08
$1,334.82
$1,308.12

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