What is his monthly payment

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Reference no: EM13943289

Aaron Davis just bought a new SUV for $25,000 and put a 10% down payment towards the purchase. If he financed the remaining liability over 4 years at 3.99% APR, what is his monthly payment?

a. $564.36

b. $451.49

c. $368.24

d. $414.27

e. $507.90?

Please show work

Reference no: EM13943289

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