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You want to buy a new sports car from Muscle Motors for $33,000. The contract is in the form of a 36-month annuity due at

You want to buy a new sports car from Muscle Motors for $33,000. The contract is in the form of a 36-month annuity due at a 7.25 percent APR.

What will your monthly payment be?

ANS

- $1,036.91

- $1,022.72

- $996.25

- $1,016.58

- $965.75

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