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You would like to purchase a car with a negotiated price of $ 33,000, and the dealer offers financing over a 4-year period at 6%.
You would like to purchase a car with a negotiated price of $ 33,000, and the dealer offers financing over a 4-year period at 6%. If repayments are to be made monthly, at the end of each month, what would be the monthly payments? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round final answer to 2 decimal places, e.g. 52.75.) Click here to view the factor table PRESENT VALUE OF 1. Click here to view the factor table PRESENT VALUE OF AN ANNUITY OF 1. Monthly payments $ | eTextbook and Media Save for Later Attempts: 3 of 15 used Submit
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