What is the amount of the monthly payment

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Question: You just found your dream car. The car will cost you $32,500. The dealer will lend you the entire amount at 5.9% interest, compounded monthly for 60 months. What is the amount of the 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: EM131977156

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