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You want to buy a new sports car from Muscle Motors for $42,000. The contract is in the form of a 72-month annuity due at

You want to buy a new sports car from Muscle Motors for $42,000. The contract is in the form of a 72-month annuity due at a 8.75 percent APR. Required: What will your monthly payment be?

$751.87

$761.36

$746.43

$731.50

$709.11

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