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22-02-2020
Mathematics

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You want to buy a car, and a local bank will lend you $40,000. The loan will be fully amortized over 5 years (60 months), and the nominal interest rate will be 12% with interest paid monthly. What will be the monthly loan payment

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sethchip sethchip

22-02-2020

Answer:

746.67

Step-by-step explanation:

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