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Mathematics, 31.01.2021 08:30 samantha9014

You'd like to purchase a new car when you graduate and start working. The car that you would really like costs $40,000. You've checked with the bank and based on your income, you would qualify for a car loan with an annual interest rate of 5.64% with a 3-year repayment period. What would be your monthly car loan payment?

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