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You wish to buy a brand new 2021 Honda Accord. To make this purchase possible, you will need to borrow $31,000 from the bank at

You wish to buy a brand new 2021 Honda Accord. To make this purchase possible, you will need to borrow $31,000 from the bank at 6% for five years (payments are to be made monthly, of course). 


What will the payment be on this vehicle?

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