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Calculate the amount the firefighter still owes

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Problem 1: A firefighter for the National Park Service has a 5-year car loan for which the monthly payment is $660.46 with an annual interest rate of 4.75% compounded monthly. After making 36 payments, the firefighter decides to trade in the car for a new car. Calculate the amount (in dollars) the firefighter still owes on the car.

Reference no: EM132936073

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