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You want to buy a new sports car from Muscle Motors for $51,000. The contract is in the form of an annuity due for 48

You want to buy a new sports car from Muscle Motors for $51,000. The contract is in the form of an annuity due for 48 months at an APR of 9.25 percent. What will your monthly payment be?

Multiple Choice $1,240.14 $1,202.17 $1,290.75 $1,275.20 $1,265.45

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