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You want to buy a new sports car from Muscle Motors for $ 5 4 , 0 0 0 . The contract is in the

You want to buy a new sports car from Muscle Motors for $54,000. The contract is in the form of a
36-monthannuity due at a 8.25 percent APR.
Required: What will your monthly payment be?
$1,686.80
$1,602.46
$1,698.40
$1,653.07
$1,720.54

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