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How much will his weekly car loan payment be

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Victor would like to buy his first car and the one he has his eye on is $25,000, plus an extra 13% HST for a total price of $28,250. The dealership has a deal for $0 down payment and charges 2.99% interest on the loan. Victor plans to make car loan payments weekly and has accepted the maximum loan repayment period of 8 years. How much will his weekly car loan payment be?

Reference no: EM132384597

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