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Compute what is the size of the final payment

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Problem 1: Honda is selling a 2014 Accord Coupe EX M for $30,057 including freight, PDI and all applicable fees. The payment of $682 is due at the end of each month. If the interest rate compounded annually is 3.99%, what is the size of the final payment?

Select one:

a. $682.00
b. $680.53
c. $452.07
d. $229.93
e. $150.28

Reference no: EM132721925

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