How much is your monthly payment

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Question: You are buying a car for $20,000 with $4,000 down payment. You will pay for the remaining amount with 30 equal monthly payments with interest at 12%, compounded monthly. How much is your monthly payment? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132140566

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