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What are your monthly payments

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Reference no: EM133062659

Question - You finance the purchase of a car in the amount of $8000. What are your monthly payments if the bank charges you 6.4% compounded monthly for 36 months?

A) 222.22

B) 244.83

C) 250.67

D) 377.44

E) 294.06

F) none of the above.

Reference no: EM133062659

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