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

You want to buy a new sports car from Muscle Motors for $44,000. The contract is in the form of an annuity due for 48 months at an APR of 8.00 percent.
What will your monthly payment be?
Multiple Choice
$1,045.71
$1,013.70
$1,088.40
$1,074.17
$1,067.05

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