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Your dream car is selling at $250,000, you are plan to finance it for five years at annual rate of 6% compounded monthly. If the

Your dream car is selling at $250,000, you are plan to finance it for five years at annual rate of 6% compounded monthly. If the first payment is due in one month, the monthly payment is closet to:

4,945.76

4,833.20

4,289.08

4,166.67

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