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Business, 17.08.2021 19:00 firenation18

Jennifer Kaufman bought a used Toyota Prius for $18,500. She made a $2,500 down payment and is financing the balance at a particular bank over a 3 year period at 12% interest. As her banker, calculate what equal monthly payments (in $) will be required by Jennifer to amortize the car loan.

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Jennifer Kaufman bought a used Toyota Prius for $18,500. She made a $2,500 down payment and is finan...
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