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Auto loans r them loans you 2400000 for four years to buy a

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Reference no: EM13485943

Auto Loans R Them loans you $24000.00 for four years to buy a car, the loan must be repaid in 48 equal monthly repayments. The anual interest rate is 9%. What is the monthly payment?

a- $500.92

b- $597.24

c- $543.79

d- $563.82

Reference no: EM13485943

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