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You wish to buy a $40,000 car. The dealer offers you a 5-year loan with a 6% APR. What are the monthly payments assuming interest

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"You wish to buy a $40,000 car. The dealer offers you a 5-year loan with a 6% APR. What are the monthly payments assuming interest compounds monthly?" "$2,475.03 $773.31 $666.67 $573.31 Not possible to compute with the data provided

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