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Your grandparents are giving you a down payment of $10,000 for a new car. The rest of the cost of the car will be financed

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Your grandparents are giving you a down payment of $10,000 for a new car. The rest of the cost of the car will be financed by a 5-year car loan which calls for $300 monthly payments (1st payment one month from today) and 6% annual interest rate. What is the cost of the new car? $28,000 $15,518 $10,000 $25,518

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