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Youwant to buy a car, and a local bank will lend you $40,000. The loanwill be fully amortized over 5 ye will be 10% with

Youwant to buy a car, and a local bank will lend you $40,000. The loanwill be fully amortized over 5 ye will be 10% with interest paidmonthly. What will be the monthly loan payment? What will be th 2 answers

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